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Thailand may lend $41mn for road building

January 13, 2008

Thailand may lend $41mn for road building

Thailand is considering giving financial assistance to the neighbouring country of Cambodia for the development of roads in that country, according to Thai Prime Minister Surayud Chulanond.

Gen. Surayud on Thursday presided over the first meeting in 2008 of Thailand's committee on neighbouring countries development cooperation at Government House.

He said after the meeting that the National Economic and Social Development Board (NESDB) had earlier proposed many cooperation projects between Thailand and its neighbouring countries including construction of roads and bridges, cargo transportation and arms maintenance projects.

The committee agreed to forge ahead with a plan to lend Bt1. 4 billion(US$41 million) to Cambodia to build a 100 km road from the Chongjom border pass in the Thai border province of Surin to Cambodia.

The projects will be submitted to the cabinet for approval at its next meeting, he said.

Courtesy TNA

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