A Signing Ceremony of the Loan Agreement of the National Road No. 68 Project (Kralanh-Samrong-O Smach) between Neighboring Countries Economic Development Cooperation Agency, the Kingdom of Thailand and Cambodia’s Ministry of Economy and Finance was held here Thursday morning under the presidency of Deputy Prime Minister H.E. Keat Chhon, Minister of Economy and Finance.
Under the loan agreement, which amounting to Thai Baht 1,400 Million (approximately 40 Million USD) will be used for the improvement of National Road No. 68 Project (Kralanh-Samrong-O Smach).
The freshly-signed loan agreement is another step forward in fostering closer relation and financial cooperation between the Royal Government of Cambodia and the Royal Government of Thailand through the provision of much needed loan to develop physical infrastructure contributing to the implementation of poverty reduction and economic growth policies envisaged in the National Strategic Development Plan (NSDP) and the Rectangular Strategy Phase II of Samdech Techo Prime Minister Hun Sen.