Pledge of Japan's Assistance at the Consultative Group Meeting for Cambodia
- Proactive Assistance for the Nation-building of new Cambodia -
February 26, 1999
- At the Third Consultative Group Meeting for Cambodia held on February 25 (Thu.) and 26 (Fri.) under the auspices of the World Bank and hosted by Japan in Tokyo (New Takanawa Prince Hotel), the Government of Japan, represented by Mr. Hideaki Domichi, Deputy Director-General of the Economic Cooperation Bureau of the Ministry of Foreign Affairs, pledged new assistance measures for Cambodia totaling about 12 billion yen (approx. 100 million dollars). This was the first meeting since the establishment of the new Government of Prime Minister Samdech Hun Sen at the end of last year. From the Government of Cambodia, besides Prime Minister Hun Sen, Mr. Keat Chhon, Minister of Economy and Finance, attended the meeting as head of delegation. Participating in the Meeting were 17 countries and six international organizations including the World Bank.
- At this Meeting, views were exchanged on such topics as Macroeconomy, structural reform governance, forest preservation, social programs (including post-conflict issues), and aid coordination. The donor-countries and international organizations that took part in the Meeting announced new assistance measures totalling about 470 million dollars for Cambodia.
- Since the late 1980s, Japan has played a proactive role in the process for peace and stability in Cambodia. As the long-desired stability was achieved with the establishment of the new government last year, Japan regarded the Meeting as an important step toward Cambodia's development and prosperity, and pledged new assistance measures of up to a total of about 12 billion yen (approx. 100 million dollars).
(1) Grant Aid, Technical Cooperation (development survey included)
In the course of 1999, a total of about 100 million dollars of grant aid and technical cooperation (development survey included) will be extended. The assistance measures will include (a) assistance for veterans (assistance for the agricultural sector that is expected to absorb veterans, vocational training for reemployment, etc.), (b) landmine clearance and assistance to victims, (c) basic human needs (health and medical care, education, power supply, etc.) and (e) infrastructure (roads, bridges, etc.).
(2) Loan Aid
In light of the importance for Cambodia's economic development, Japan, keeping in mind the status of discussions between Cambodia and international financial organizations, will consider the possibility of extending a loan aid for urgent rehabilitation of Sihanoukville Port, Cambodia's only deep-sea port. This project includes the renovation of the antiquated existing berth.
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