February 27, 2019
On February 26, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Royal Government of Cambodia in Phnom Penh to provide a Japanese ODA loan of up to 3,599 million yen for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project (II).
The objective of the Project is to increase rice production at 6 sub-project areas in West Tonle Sap region, by constructing and rehabilitating irrigation systems, establishing and strengthening Farmer Water User Communities and Groups and improving the farm management capacity of farmers, thereby contributing to enhancement of agricultural income and living standard of farmers in the project areas.
A Japanese ODA loan (signed in August 2011 for 4,269 million yen) was provided for the first stage of this project, and this loan is additional financing.
Details for the project are provided below.
1. Terms and Amount of Loan
|Annual interest rate (%)||Repayment
|West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project (II)||3,599||0.01||0.01||40||10||General, untied|
2. Executing Agency
Ministry of Water Resources and Meteorology
Address: Address: #364 Monivong Boulvard, Sangkat Psar Deumthkov, Khan Chamkar Morn, Phnom Penh, Cambodia
3. Planned Implementation Schedule
(1) Completion of project: December 2020 – when the facilities are put into service
(2) Issuing of letters of invitation for consulting services (including construction supervision): Completed
(3) Tender announcement of initial procurement package for international competitive bidding on project construction: Completed