Cambodian PM Asks $57 mn Loan from India


Phnom Penh, Dec 22 (IANS): Cambodian Prime Minister Hun Sen asked for $57 million concessional loan from India for two development projects and urged India to consider direct flights to Cambodia.

The prime minister's suggestion was made during a meeting with Indian Prime Minister Manmohan Singh in New Delhi Wednesday while he attended the 20th anniversary of ASEAN-India dialogue partnership, Cambodian foreign minister Hor Namhong told reporters at the international airport here Friday while returning from India with the prime minister.

He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated cost of $20 million, and the Sva Slab River irrigation system to cost $37 million, Xinhua reported.

He added that Hun Sen also suggested India to consider operating direct flights to Cambodia to promote ties in economics and tourism.

"In the meeting, Indian prime minister agreed to lend $57 million to Cambodia," Hor Namhong said.

Both sides also agreed to create a mechanism to speed up the implementation of every cooperation plan between the two countries, he added.

  

Top Stories


Leave a Comment

Title: Cambodian PM Asks $57 mn Loan from India



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.