Japan provides $200m loan to Cambodia for new port

The Japanese government has approved a US$200 million loan to Cambodia to build a second deep-sea port in the southwestern coastal city of Sihanoukville, a Cambodian minister said on Saturday. The offer was confirmed when Japanese Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii met on Friday in Phnom Penh with Cambodian Minister for Public Works and Transport Sun Chanthol, the latter told Kyodo News. The new port, adjacent to an existing one, will be 350 metres long and 14.5 metres deep, and equipped with modern facilities allowing large vessels to dock, according to Sun Chanthol.

Keep reading