Japan Extends $162.7 Million Loan to Boost Irrigation and Flood Protection in Cambodia
Japan has provided Cambodia with a loan of approximately $162.7 million to finance irrigation and flood protection projects in the southwestern corridor of Phnom Penh, strengthening the Comprehensive Strategic Partnership between the two nations.
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- Japan Provides $162.7 Million Aid for Southwest Phnom Penh Irrigation and Drainage System Rehabilitation
Cambodia and Japan signed an exchange of notes for a Japanese ODA loan of JPY 24.237 billion (approximately USD 162.7 million) to implement the rehabilitation of irrigation and drainage systems in Southwest Phnom Penh (Credit Package 3). The project aims to enhance agricultural productivity and reduce flood damage.
- Japan Provides Over $162 Million in Yen Loans to Cambodia for Irrigation and Drainage System Restoration
The Japanese government has provided Cambodia with yen loans totaling JPY 24.237 billion (approximately USD 162.7 million) for the restoration of irrigation and drainage systems in southwestern Phnom Penh (Credit Package 3). This initiative aims to enhance agricultural productivity in rural areas and reduce flood damage.