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Cambodian PM's visit to China ends successfully with fruitful outcome: minister (2)

(Xinhua)

18:46, April 10, 2013

Cambodian Minister of Commerce Cham Prasidh briefs the press about Prime Minister Hun Sen's visit to China at Phnom Penh International Airport in Phnom Penh, capital of Cambodia, on April 10, 2013. Cambodian Prime Minister Hun Sen returned to Phnom Penh Wednesday after his visit to China. (Xinhua/Sovannara)

Besides, the government of China signed up to provide packages of grant aid and concessional loan to Cambodia for the development of infrastructure including roads, bridges and irrigation system, and for building a vocational school of agriculture.

The two sides also signed a Memorandum of Understanding on a five-million-ton oil refinery project among China Development Bank, China Export and Credit Insurance Corporation, China Perfect Machinery Industry Corporation and Cambodian Petrochemical Company with an investment of 1.67 billion U.S. dollars.

The oil refinery will be built in Cambodia.

"The assistance and investment from China is very important for Cambodia's social and economic development," Cham Prasidh said.

While in Beijing, Hun Sen also paid separate courtesy calls on Zhang Dejiang, chairman of the Standing Committee of the National People's Congress (NPC), and former Chinese Premier Wen Jiabao.

"In these meetings, Prime Minister Hun Sen reiterated Cambodia' s staunch support to one-China policy and to all issues related to China's core interests," he added.

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