Visiting Chinese Vice Foreign Minister Liu Zhenmin and Cambodian Deputy Prime Minister Hor Namhong (Photo: akp.gov)
Phnom Penh (VNA) – China has pledged to increase its development aid for Cambodia in the future, with 450 million USD added to the current annual grant and soft loan of about 500 million USD.
After meeting with visiting Chinese Vice Foreign Minister Liu Zhenmin on June 6, Cambodian Deputy Prime Minister Hor Namhong said China committed to supporting Cambodia in all fields in line with cooperation deals between China and Cambodia as well as between China and ASEAN.
Cambodia attracts Chinese investment despite its modest size compared to that of other countries, he noted.
According to the Deputy PM, Chinese investors have injected more than 2 billion USD into the construction of seven hydropower plants in Cambodia, six of which have become operational.-VNA
