Cambodia road reconstruction projects, financing secured

Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
March 28, 2018 Read time: 2 mins

Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng Province. In addition to the loan from China, Cambodia’s Government will provide financing for the work.

Chinese funding will also help pay for rebuilding work for Cambodia’s National Road No 3 as well as a 187km ring road around the nation’s third city. This project is expected to cost $483 million. So far 23 Cambodian road projects that extend a total of 2,300km and are worth $1.3 billion have benefited from Chinese financing. In addition, seven bridges have been built at a cost of $216 million.

Finance & Funding

Related Content

  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
    Read More
  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • Road funding from Japan for Philippines
    November 11, 2019
    The Japan International Cooperation Agency (JICA) is providing the funding for a series of major infrastructure projects in the Philippines. In all eight road and bridge projects being built in the Philippines at present are being funded by the JICA. These are worth around US$1.2 billion. The projects include the Central Luzon Link Expressway, the Metro Manila Interchange, the Arterial Road Bypass, a programme of road upgrades across the nation, the Marawi road project, road improvements in Mindanao and th
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More

Highlighted Content