Cambodia Signs $1 Billion Loan Agreement for Funan Techo Water Resource Project with China Exim Bank
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Cambodia Signs $1 Billion Loan Agreement for Funan Techo Water Resource Project with China Exim Bank

The Council for the Development of Cambodia (CDC) announced the signing of a loan agreement worth approximately $1 billion for the 'Funan Techo Water Resource Project' with the Export-Import Bank of China (China Exim Bank). The project aims to connect inland areas with the sea via waterways, reducing logistics costs and enhancing competitiveness.

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