Japan loans will finance Cambodia highway upgrade

Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. This major route runs from Poipet city, through Banteay Meanchey to Phnom Penh. The loan was announced by HE Shinzo Abe, Japan’s prime minister in a meeting with Samdech Akka Moha Sena Padei Techo Hun Sen, the prime minister of Cambodia. The meeting was held at the recent 27th ASEAN Summit in Malaysia.