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Estatedia | Economy & Real Estate Media in Cambodia

Japan offers over $840 000 to fund three projects

PHNOM PENH: The Government of Japan will provide US$843,946 in total for three organizations under the framework, of the Grant Assistance for Japanese NGO Projects, to raise awareness of environmental issues, promote the remedial study, and develop quality universities for physical education through ICT.

According to a press release of the Embassy of Japan in Phnom Penh, the Grant Contracts were signed here on Feb. 27 between the Japanese Ambassador to Cambodia H.E. UENO Atsushi, and the representatives of the three recipient organizations – Nature Center Risen, Shanti Volunteer Association (SVA), and Hearts of Gold.

The Grant Assistance for Japanese NGO Projects started in Cambodia in 2002 to support activities by Japanese NGOs to help Cambodia’s reconstruction and development efforts at the grassroots level.

Since 2002, the Government of Japan has provided over US$50 million for 149 projects, mainly in the fields of primary education, health, agriculture, and mine clearance in Cambodia.

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Japan’s SMBC interests in Cambodian multibillion projects

PHNOM PENH: Japan-based Sumitomo Mitsui Banking Corporation (SMBC) currently is looking for opportunities to collaborate with the Royal Government of Cambodia, including two multibillion-dollar Cambodian projects.

The commitment was made during a meeting between H.E Sun Chanthol, Minister of Public Works and Transport, and a delegation from Sumitomo Mitsui Banking Corporation (SMBC) led by Mr. Rajeev Kannan, Chief Executive Officer, on the morning of January 30, 2023.

Full read: https://estatedia.com/infrastructure/7020

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