Japan to Support Sihanoukville Autonomous Port Modernisation
AKP Phnom Penh, August 05, 2022 --
Cambodia and Japan will sign a loan agreement for the implementation of the Sihanoukville Port New Container Terminal Expansion Project (I) in Preah Sihanouk province.
The signing ceremony will take place at the Peace Palace in Phnom Penh on Aug. 6 under the presidency of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia.
According to a press release of the Ministry of Foreign Affairs and International Cooperation, the Exchange of Notes and related documents on the extension of a Yen Loan amounting to 41,388,000,000 yen for the said project will be inked between H.E. PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of Cambodia, and H.E. HAYASHI Yoshimasa, Foreign Minister of Japan, while the loan agreement for the above-mentioned project between H.E. HEM Vanndy, Secretary of State, Ministry of Economy and Finance of Cambodia, and Ms. KAMEI Haruko, Chief Representative of JICA Cambodia Office.
This loan will substantially contribute to the expansion and modernisation of the Sihanoukville Autonomous Port and the transformation of the port into a principal deep-sea port for Cambodia and in the region in line with the commitment made by the Prime Ministers of the two countries earlier this year, the source underlined.
Preceding the signing ceremony, it pointed out, H.E. HAYASHI Yoshimasa will also pay a courtesy call on Samdech Techo Prime Minister Hun Sen.
By Heng Panha