Inauguration Ceremony of Korean Ring Road Construction Phase II
Phnom Penh: (KOICA Cambodia Office, December 17, 2012): The Korea International Cooperation Agency (KOICA) together with APSARA Authority of Cambodia held the Ceremony for the Completion of the Cambodia-Korea Friendship Road (or Korean Ring Road Construction Phase II) in Siem Reap province on Saturday, December 15, 2012 under the presidency of Cambodia’s Deputy Prime Minister H.E. Dr. Sok An, Minister in charge of the Office of the Council of Ministers and President of APSARA Authority and H.E. Park Dae Won, President of the Korea International Cooperation Agency (KOICA).
The Cambodia-Korea Friendship Road (or Korean Ring Road Construction Phase II) is under the cooperation between APSARA Authority and KOICA within 3 years since 2010 until 2012. KOICA has supported Korean Ring Road Construction project with grant aid of 17.4 Million USD, included 5.9 Million USD for the Korean Ring Road Construction Phase I and 11.5 Million USD for the Ring Road Construction Phase II, and will cooperate the follow-up project “Korean Ring Road Construction Phase III” in the early next year.
“In order to preserve the eternity of Angkor Wat area, APSARA Authority has a very huge responsibility to conserve, to maintain and to protect the policy of “Conservation for Development and Development for Conservation”, in this meaning, APSARA Authority’s responsibility is not only the conservation of the world heritage temples and the protection of Cambodian culture, but also has responsibilities to develop the physical infrastructure in Angkor area in order to support tourism development plan and to increase the local economic growth by reduce the time and fees of transportation also”, H.E. Dr. Sok An, Deputy Prime Minister, said at the Ceremony.
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