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Japan funds deep-sea port expansion in Cambodia

Cambodia and Japan have signed a deal for the funding of the container terminal expansion at Sihanoukville deep-water port in the Cambodian province of Preah Sihanouk, reported the Kampuchea Thmey Daily on August 8.
Japan funds deep-sea port expansion in Cambodia ảnh 1At Sihanoukville deep-water port (Photo: Phnompenhpost)

Phnom Penh (VNA) – Cambodiaand Japan have signed a deal for the funding of the container terminalexpansion at Sihanoukville deep-water port in the Cambodian province of PreahSihanouk, reported the Kampuchea Thmey Daily on August 8.

Accordingly,Cambodian Minister of Foreign Affairs and International Cooperation PrakSokhonn and Japanese Foreign Minister Hayashi Yoshimasa signed a diplomaticnote and relevant documents to extend the loan worth 41.39 billion JPY (300million USD) for the first stage of the project.

It its statement,the Cambodian Ministry of Foreign Affairs and International Cooperation saidthe loan will be used to expand and modernise the Sihanoukville port and turn itinto a major deep-water port in Cambodia and the region.

Built in 1956, the Sihanoukville port is the onlydeep-water port off the coast of Cambodia. It now has eight fully equippedterminals./. 

VNA
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