Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes | Ministry of Education Announces Postponement of 2025 Baccalaureate Examination | Cambodian Community in Korea Holds Mass Protest Against Thailand’s Invasion | Techo Hun Sen: “In Times of National Crisis, We Have No Right to Rest or Fall Ill” | UN Secretary-General and Cambodian Officials Call for Immediate Ceasefire Amid Border Clashes | Lieutenant General Duong Samnieng Dies Fighting Thai Invaders at Preah Vihear | BREAKING NEWS: Prime Minister Hun Manet to Lead Cambodian Delegation to Kuala Lumpur for Special Meeting on Ceasefire | Secretary Rubio Calls for Immediate De-escalation in Cambodia-Thailand Border Dispute | TOP NEWS: Cambodia and Thailand Agree to Ceasefire After Malaysia-Mediated Talks | ASEAN Issues Statement Supporting Ceasefire and Peaceful Resolution in Cambodia-Thailand Border Dispute | BREAKING: U.S. Secretary of State Marco Rubio Welcomes Cambodia-Thailand Ceasefire Declaration | TOP NEWS: President Trump Announces Ceasefire and Peace Agreements with Thailand and Cambodia | Cambodian Prime Minister Hun Manet Reports Successful Ceasefire Negotiation with Thailand, Thanks U.S. Support | Techo Hun Sen Commends Trump Initiative That Saved Thousands of Lives During Cambodia-Thailand Conflict | Cambodia and Thailand Engage in High-Level Military Meetings Amid Ceasefire Implementation | All My Feelings at This Time Are Connected to Some Major Tasks: Prime Minister Hun Manet Shares Personal Reflection on Social Media | Techo Hun Sen Praises Cambodian and Thai Armies for Respecting Ceasefire and Urges Continued Efforts for Peace |
Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes | Ministry of Education Announces Postponement of 2025 Baccalaureate Examination | Cambodian Community in Korea Holds Mass Protest Against Thailand’s Invasion | Techo Hun Sen: “In Times of National Crisis, We Have No Right to Rest or Fall Ill” | UN Secretary-General and Cambodian Officials Call for Immediate Ceasefire Amid Border Clashes | Lieutenant General Duong Samnieng Dies Fighting Thai Invaders at Preah Vihear | BREAKING NEWS: Prime Minister Hun Manet to Lead Cambodian Delegation to Kuala Lumpur for Special Meeting on Ceasefire | Secretary Rubio Calls for Immediate De-escalation in Cambodia-Thailand Border Dispute | TOP NEWS: Cambodia and Thailand Agree to Ceasefire After Malaysia-Mediated Talks | ASEAN Issues Statement Supporting Ceasefire and Peaceful Resolution in Cambodia-Thailand Border Dispute | BREAKING: U.S. Secretary of State Marco Rubio Welcomes Cambodia-Thailand Ceasefire Declaration | TOP NEWS: President Trump Announces Ceasefire and Peace Agreements with Thailand and Cambodia | Cambodian Prime Minister Hun Manet Reports Successful Ceasefire Negotiation with Thailand, Thanks U.S. Support | Techo Hun Sen Commends Trump Initiative That Saved Thousands of Lives During Cambodia-Thailand Conflict | Cambodia and Thailand Engage in High-Level Military Meetings Amid Ceasefire Implementation | All My Feelings at This Time Are Connected to Some Major Tasks: Prime Minister Hun Manet Shares Personal Reflection on Social Media | Techo Hun Sen Praises Cambodian and Thai Armies for Respecting Ceasefire and Urges Continued Efforts for Peace |

Billion-Dollar Concessional Loan from Republic of Korea Signed Today

  • Posted Dec 9, 2022 11:09 by Hun Sirivadh
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PHNOM PENH: The Republic of Korea signed a concessional loan to the Royal Government of Cambodia worth billions of dollars, on Friday morning, 9 December 2022. The signing ceremony was presided over by Prime Minister Hun Sen.

The nearly US $2 billion concessional loan was signed by the Cambodian Foreign Minister, DPM Prak Sokhonn, and the Ambassador of the Republic of Korea to Cambodia, Park Heung-kyeong, for the Economic Development Cooperation Fund 2022-2026.

Two other projects are also to be signed on by the Minister of Economy and Finance, DPM Aun Pornmoniroth, and the Chair of the Economic Development Cooperation Fund of the Export-Import Bank of Korea in Cambodia, Minnie Chey. The two will sign concessional loan agreements for: a US $70 million Power Transmission System Capacity Project in Sihanoukville, and a US $245.9 million Cambodia-Republic of Korea Friendship Bridge Project.

According to the Ministry of Foreign Affairs, these concessional loans provided by the Government of the Republic of Korea will make a significant contribution to the Royal Government of Cambodia's efforts to accelerate economic development and further strengthen existing good relations between both nations. 


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