Date
16 October 2017

Cambodia secures 33 mln yuan interest-free loan, report says

China has agreed to provide a 200 million yuan (US$33 million) interest-free loan to Cambodia for social and economic development projects, Xinhua news agency reported on Thursday. The agreement was signed by Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth in the presence of Permanent Deputy Prime Minister Keat Chhon in Phnom Penh on Thursday, the report said. To date, China has provided Cambodia with US$2.89 billion in grants, interest-free loans and concessional loans for various infrastructure projects such as roads, bridges, irrigation systems, ports and electricity, Moniroth was quoted as saying.

– Contact HKEJ at [email protected]

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