Thursday, 14 February 2008

President Kuroda to sign 71 mln usd grant for Cambodia next week - ADB

forextv.com
02/13/08

MUMBAI (Thomson Financial) - The Asian Development Bank (ADB) said president Haruhiko Kuroda will visit Cambodia and Vietnam next week to discuss ADB's assistance programs and future areas of cooperation and sign a 71 mln usd grant and loan package for Cambodia.

Kuroda will visit Cambodia on Feb 17-19, meet senior government officials and help launch a major transportation initiative, the bank said.

The president will also visit Vietnam on Feb 19-21, meet senior government officials, private sector representatives and development assistance partners, and visit an ADB-supported HIV/AIDS prevention program for youth, the agency added.

The visit comes ahead of the Third Greater Mekong Subregion Summit in March, where leaders from six Mekong nations will discuss measures to strengthen regional cooperation, foster development, and enhance the region's competitiveness, the ADB said.

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