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China’s Sinosure signs agreement with ministry

May 1st at 16:45
01-05-2017 16:45:50+07:00

China’s Sinosure signs agreement with ministry

The Ministry of Economy and Finance signed a memorandum of understanding (MoU) with Chinese state-funded China Export and Credit Insurance Corporation (Sinosure), according to a release by state-owned AKP on Friday.

The agreement aims to promote private-public partnerships in Cambodia by providing insurance for major concessional loans targeted for infrastructure or development spending. The MoU is expected to boost Cambodia’s economic productivity according to the report.

phnompenh post

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