Friday, March 5, 2010

A loan agreement here yesterday with the Asian Development Bank



Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon signed a loan agreement here yesterday with the Asian Development Bank (ADB), represented by Mr. Kunio Senga, Director General of ADB’s Southeast Asia Department, for the supplementary funding of the railway rehabilitation project totaling US$ 63.5 million.

The agreement consisted of a US$ 42 million supplementary loan from ADB and US$ 21.5 million grant from the Australian Government through the Australian Agency for International Development (AusAID).

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