Cambodia’s Exports to Japan In The First Quarter Up To 25 Million USD

Phnom Penh: According to the Japan External Trade Organization, Cambodia’s export to Japan has increased approximately 25 million USD. From January to March 2013, Cambodia’s export to Japan worth approximately 128 million USD, while it was worth only 103 million USD at the same period last year. Besides, Japan’s export to Cambodia in the first quarter of this year has decreased slightly with the amount of 2.5 million USD. The Cambodia’s products shipped to Japan were garments and shoes, sugar, fish and seafood; while the country imported machinery, automobiles, and electronic devices. (Rasmei Kampuchea, 15 May)

The Government Approves L.Y.P. Group.Co., Ltd To Invest On 230 Kilovolt Power Transmission Lines

Phnom Penh: The cabinet meeting held on 10 May 2013 approved L.Y.P Group.Co., Ltd to invest in the development of power transmission lines under the build-operate-transfer (B.O.T) for 29 years contract with the amount of 92.21 million USD investment on 230 kilovolt power transmission lines Kampong Cham-Kratie, connecting from Phnom Penh to eastern province including Kompong Cham, Kratie, Steung Treng, Ratanakiri and Mondulkiri province. 

In order to develop national transmission lines in compliance with the plan, the government is preparing to build sub-stations and high-tension transmission lines in three different destinations. Firstly, connect from Phnom Penh to Kompong Cham so as to build an electricity supply system base at the eastern province including Kompong Cham, Kratie and Steung Treng. Secondly, connect from Kompot province to Preah Sihanouk, sourcing electricity from a coal-fired power plant in Preah Sihanouk province. Finally, connect from Phnom Penh to Preah Sihanouk province through national road No 4 to be the Phnom Penh-Kandal-Takeo-Kompot-Preah Sihanouk circuit system will be built. (Rasmei Kampuchea, 11 May)

Trade Volume Between Cambodia and Japan Up to 800 Million USD in 2012

Trade Volume Between Cambodia and Japan Up to 800 Million USD in 2012
 

Phnom Penh: The trade volume between Japan and Cambodia has increased to 800 million USD in 2012, while it worth only 512 million USD in 2011.  Besides, the Japanese grant aid to Cambodia worth 345 million USD from 2010 to April 2013, while concessional loan worth over 139 million USD from 2010 to 2012, a spokesman for the Ministry of Foreign Affairs H.E. Koy Kuong said after the meeting between Japanese Ambassador to Cambodia H.E. Mr. Kumamaru Yuji and the Minister of Foreign Affairs H.E. Hor Namhong.

H.E. Kumamaru Yuji expressed his pleasure for his appointment as the Japanese Ambassador to Cambodia, and lately, the diplomatic relation between the two countries has strongly developed. The importance of his mission is to strengthen the diplomatic and bilateral relations in all fields of the two countries, he added.  According to H.E. Hor Namhong, this year marked the 60th anniversary of the establishment of diplomatic relations between Cambodia and Japan. Therefore, the two countries will organize a lot of events so as to improve diplomatic, politics and economics relation. “I would like to thank the Japanese government and nations for supporting and providing aids to Cambodia, saying that Japan and Cambodia are true friends and good partners”, he added.   

From 2010 to April 2013, the Japanese grant aid to Cambodia worth 345 million USD, and concessional loan worth over 139 million USD from 2010 to 2012. Besides, Japan has also provided technical support which worth over 280 million USD from 2005 to 2012. More importantly, Japan’s contribution to Khmer Rouge Tribunal worth over 76 million USD from 2005 to February 2013, said H.E. Koy Kuong. (Rasmei Kampuchea, 2 May)