CDC - 7 CG Remark Ambassador of Japan

Press Release The Government of Japan Consultative Group Meeting for Cambodia December 6-7, 2004 1. Although Japan’s economic and financial situation is still not in good shape, and its global ODA budget is in decrease, it is Japan’s policy to support the economic and social development of Cambodia as its stability and development is essential for peace and prosperity of East Asia. As we also attach importance to our good relations with ASEAN, and as we recognize that the development of Mekong Region which has a great potential for economic development contributes to rectify the regional gaps within ASEAN countries and to promote the integration of ASEAN, we will pro-actively assist the development of Mekong Region including Cambodia. 2. Based upon these considerations, Japan’s contribution for this fiscal year, that is from April 2004 to March 2005, is estimated to be more than 13.5 billion Japanese Yen (123million USD). Its break down would be around 3 billion JY of Loan, around 6.3 billion JY of Grant Aid, around 3.8 billion JY of Technical Cooperation and 0.4 billion JY of contribution through International Organizations. As for Yen Loan project pledged at the recent ASEAN Summit in Laos by the Prime Minister Koizumi, it is conditional upon Cambodia’s effort for the reform of the telecommunication sector. 3. For the previous fiscal years from April 2003 to March 2004, Japan’s contribution was more than 14.3 billion JY (130 million USD) and from April 2002 to March 2003, more than 14 billion JY, which was the result of implementation of its pledge at the last CG meeting in 2002 of 14 billion JY. 4. Japan will implement steadily the assistance initiative, initiative announced by the Prime Minister Koizumi at the ASEAN Summit held in Tokyo December 2003, the initiative for the development of the Mekong Region including Cambodia which commits total of 1.5 billion USD in three years that is until year 2006. Japan is very much aware of our role as a leading donor for more than a decade now since the time of making peace and reconciliation stage. 5. Therefore, for Japan’s assistance to Cambodia in next fiscal year starting from April 2005 and ending March 2006, Japan will continue to actively assist Cambodia taking into consideration of its past records and by those projects which will be formulated through its policy dialogue with the Royal Government of Cambodia. We hope that the Royal Government of Cambodia will on its part strengthen its resolve to pursue reform efforts as stated in the rectangular strategy and translate it into action and change the situation on the ground.
	Japan’s Contribution to Cambodia (April 2003 - March 2004)
I	Grant Proj. for Expansion of Phum Prek Water Treatment Plant (Term III) Proj. for Rehabilitation of National Road No. 7 Kompong Cham (Term II) Proj. for Expansion of Electricity Supply Facilities in Siem Reap (Term II) Project for Flood Protection and Drainage Improvement in the Municipality of Phnom Penh Proj. for Rural Drinking Water Supply in Peri-Urban of Phnom Penh City (Phase II) Human Resource Development Scholarship Project for Infectious Diseases Control Proj. for Human Resource Development Scholarship D/D Proj. for Improvement of Water Supply System in Siem Reap Town Food Assistance through WFP Grass-roots Grant Aid through Japanese NGOs Cultural Grant Aid Grass-roots Grant Aid (45 projects) Sub-total	In Japanese Yen 327,000,000 494,000,000 1,551,000,000 1,322,000,000 442,000,000 57,000,000 395,000,000 153,000,000 74,000,000 800,000,000 10,000,000 2,000,000 622,000,000 6,249,000,000
II	Yen Loan Sihanoukville Port Urgent Expansion Project	4,313,000,000
III	Technical Cooperation Grand Total in Japanese Yen Grand Total in US Dollars	3,755,000,000 14,317 million Yen 130 million US$ (1US$=110JY)
	Japan’s Contribution to Cambodia (April 2004 – March 2005)(Estimate)
I	Grant Proj. for Improvement of Water Supply in Siem Reap Town Proj. for Human Resource Development Scholarship Proj. for Construction of Primary Schools in Phnom Penh Proj. for Construction of Cambodia-Japan Cooperation Center Proj. for Improvement of Equipment for Demining Activities (Phase IV) Proj. for Renovation of Technical School for Medical Care Proj. for Infectious Disease Control Proj. for the Upgrading and Extension of Electricity Supply Facilities in Phnom Penh Proj. for Rehabilitation of Bridges along the Main Trunk Roads Non-Project Grant Aid Proj. for Rehabilitation of the Kandal Stung Irrigation System Peace Building and Comprehensive Small Arms Management Programme in Cambodia Grass-roots Grant Aid Sub-Total	In Japanese Yen 606,000,000 222,000,000 509,000,000 409,000,000 1,761,000,000 774,000,000 232,000,000 359,000,000 152,000,000 500,000,000 Amount to be decided Amount to be decided Amount to be decided 6,333,000,000+a (Estimate)
II	Yen Loan Greater Mekong Telecommunications Backbone Network Project (Cambodia Growth Corridor)	3,029,000,000
III	Technical Cooperation	3,800,000,000 (Estimate)
IV	Contribution through International Organizations
	Contribution to CMAC through UNDP Japan Fund for Poverty Reduction through ADB Japan Trust Fund through UNESCO Sub-total Grand Total n Japanese Yen Grand Total in US$	46,000,000 316,000,000 46,000,000 408,000,000 13,500 million Yen + a (Estimate) 123 million US$ + a (Estimate) (1US$=110JY)