China's leading telecommunications equipment supplier Huawei Technologies Co. Ltd on Monday signed a commercial contract with Telecommunication Cambodia (TC) to materialize an internet construction project which aims to provide the country with a digital information exchange platform to be shared with its neighbors.
Under the project, an optical telecommunication network will be laid all over the country to allow high-quality internet communication among Cambodia, Thailand, Vietnam, Laos, Myanmar and China.
This is a part of the Greater Mekong Subregion Information Superhighway (GMS-IS) Plan, for which the Chinese government will extend policy and financial support as well as US$17.5 million worth of preferential loans, said Duan Jinzhu, counselor at the Chinese Embassy.
"Basic facility construction such as the GMS-IS project is among the important cooperation between China and Cambodia. China is willing to give all possible aids to Cambodia to beef up its economic development," Duan added.
Meanwhile, Secretary of State of Cambodian Ministry of Post and Telecommunications Chin Bun Sean emphasized that the project is very important for the region to step up its overall economic and social development.
"We hope the information superhighway to be completed soon to contribute to the GMS countries and their people," he added.
(Xinhua News Agency August 29, 2006)