Korea Provides US$66 Million Concessional Loan to Build University Hospital

The Government of the Republic of Korea has provided a concessional loan of more than US$66 million to the Ministry of Health of Cambodia to construct a university hospital in Sen Sok district, Phnom Penh.
The project was discussed in a meeting held on April 6 between H.E. Ms. Youk Sambath, Secretary of State at the Ministry of Health and a delegation from a Korean company.
To be built on an area of more than 2 hectares, the 8-stirey university hospital will accomodate 200 beds for patients, and be able to expand up to 400 beds.
South Korean company Inje Joint Venture has been selected as a project review consultant.
According to the Inception Report, the project period is 43 months, of which the design will take 10 months, bidding 4 months, construction and supervision 26 months and simulation 3 months.
Inje Joint Venture is reviewing and requesting the approval of the Inception Report to proceed with the implementation of the project in accordance with the planned schedule.

Source: Agency Kampuchea Press

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