Tuesday, March 15, 2011

Japan To Provide US$94 Million To Cambodia Despite Quake Impact

15 March 2011 -- Bernama

The government of Japan on Tuesday will provide a grant aid of US$94 million to Cambodia for social and economic development, though latter was severely hit by the massive earthquake and tsunami on March 11, reports China's Xinhua news agency.

The exchange of notes for the grant was signed between Cambodian Foreign Minister Hor Namhong and Masafumi Kuroki, Japanese ambassador to Cambodia, presided over by Cambodian Prime Minister Hun Sen.

According to the media release from the Ministry of Foreign Affairs and International Cooperation, the aid will be used to implement three projects namely the flood and drainage improvement in Phnom Penh (US$45 million), replacement and expansion of water distribution system in provincial capitals (US$33.66 million) and improvement of equipment for demining activities (US$15.83 million), respectively.

The Friday's catastrophic earthquake in Japan, measuring 9.0 magnitudes on the Richter scale, has claimed 2,414 lives and left 3,118 others missing in Japan by 8:00 a.m. local time, said the Japanese National Police Agency.

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