Govt nod for B983m Cambodia loan

The particular cabinet on Tuesday approved a proposal to loan Cambodia 983 million baht to fund a new street construction project, stated deputy government spokeswoman Traisuree Taisaranakul.

The Budget Agency will from 2024 until 2026 give you the first half of the street construction loans, 491. 50 million baht, while the rest should come from overseas financing sources, she stated.

Certain conditions will be imposed for the construction of the NR67 highway (Siem Reap-Anlong Veng-Chong Sangam) in Oddar Meanchey province, connecting Siem Reap to Thailand through Sri Sa Ket province, the lady said.

Cambodia will buy at least 50% of construction materials for your project from Thailand and hire Thai contractors.