Ministry of Economy and Finance Signs Cooperation MoU with SINOSURE

AKP Phnom Penh, �Cambodia's Ministry of Economy and Finance signed here early this week the Memorandum of Understanding with China Export & Credit Insurance Corporation (SINOSURE) � a state-funded policy-oriented insurance company.

The MoU, inked by Secretary of State for Economy and Finance H.E. Vongsey Vissoth and Mr. Zha Weimin, Vice President of SINOSURE, mainly focused on financing cooperation in Public-Private Partnership (PPP) Projects.

It will further promote the financial and insurance cooperation between Cambodia and China to build more confidence to the private sector on public infrastructure development and contribute to boosting Cambodia's economic productivity for the sustainable progress.

Source: Agency Kampuchea Press