Wednesday, March 24, 2010

Cambodia and JICA Sign an Agreement for Grant Aid Projects

BY BUTH REAKSMEY KONGKEA

The Royal Government of Cambodia and Japan International Cooperation Agency (JICA) has singed two agreements with in ¥ 959 million (US$ 10.5 million), aiming to enhance economic development and the progress in the Kingdom of Cambodia.

The agreement for two grant aid projects was signed by Deputy Prime Minister Keat Chhon, Minister of Economy and Finance and Mr. Suzuki Yasujiro, Chief Representative of JICA to the Cambodian Office in Phnom Penh on March 18th.

The two grant agreements singed include the Project for Construction of Neak Loeung Bridge with a total of ¥ 239 million, and the Project for Introduction of Clean Energy by Solar Electricity Generation System in the amount of ¥ 720 million.

H.E. Keat Chhon said that these two aid projects are important because they will contribute to the social and economic development and the progress in Cambodia. He added that the Japanese grant aid will also help the Royal Government of Cambodia in accelerating its economic development and the progress in Cambodia in the future.

Suzuki Yasujiro, Chief Representative of (JICA ) Cambodia Office, said that the Project for Construction of Neak Loeung Bridge is aiming to enhance the economic development at both regional and national levels by improving the road network not only in Cambodia but also in the region and to improve the movement of people and goods between Ho Chiminh City, Phnom Penh Municipality and Bangkok which later can stimulate the economic activities in Cambodia and the east-west growth corridor.

The JICA’s Chief Representative stated that this aid project will be used for the detailed design of the bridge construction following the basic design implemented in 2009.

Yasujiro said that the Project for Introduction of Clean Energy by Solar Electricity Generation System aimed to supply the electricity of Phum Prek Water Treatment Plant at the same time it will promote the clean energy utilization and emission reductions installing the photovoltaic system to be connected to the national grid. Moreover, this grant aid will also contribute to the sustainable water supply for households in Phnom Penh, Municipality at the affordable water price via saving the electricity coast of water contribution of Phnom Penh Water Supply Authority ( PPWSA).

The two aid projects are expected to contribute respectively to physical infrastructure development in Cambodia in the Rectangular Strategy (phase two) and the National Strategic Development Plan of the Royal Government of Cambodia, he said, adding that it is also to contribute to achieve the related Cambodia Millennium Development Goals on the water supply and sanitation.

“I hope that our on-going and future cooperation in this spirit will be strengthened more and contribute to align the Japan’s ODA to the realistic development of Cambodia as well as strengthen the inter-ministerial cooperation of the Royal Government of Cambodia,” he said. ///



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