In a significant development, Cambodia and Japan have announced an extension of Japanese grant aid to support the country's cadastral surveying and land registration efforts. The agreement, set to be signed on October 26, 2023, will provide JPY 1,338 million (approximately USD 9.7 million) in funding for the implementation of a project aimed at establishing a nationwide continuously operating reference station network.
The project's objective is to accelerate cadastral surveying and strengthen administrative services related to land registration. The installation of a continuous reference station network will contribute to promoting infrastructure projects, ultimately contributing to Cambodia's economic and social development.
This generous gesture from Japan underscores the country's commitment to supporting Cambodia's efforts in advancing its economic and social development. The assistance will not only enhance cooperation between the two nations but also strengthen their "Comprehensive Strategic Partnership," which is celebrating its 70th anniversary of diplomatic ties.
The move comes at a time when Cambodia is making significant strides in improving its land registration system, aiming to increase transparency and efficiency in property transactions. This effort has been underscored by His Excellency Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, who has emphasized the importance of strengthening administrative services related to land registration.
The extension of Japanese grant aid marks a significant milestone in Cambodia-Japan relations, demonstrating the countries' shared commitment to promoting regional cooperation and development. The assistance will also contribute to the implementation of the United Nations' Sustainable Development Goals (SDGs), particularly Goal 16, which aims to promote peaceful and inclusive societies.
In conclusion, the extension of Japanese grant aid for land registration in Cambodia highlights the country's dedication to supporting regional development initiatives and strengthening its partnerships with like-minded nations. As Cambodia continues to navigate its economic and social transformation, this assistance will be crucial in promoting transparency, efficiency, and infrastructure development across the country.