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

  • Bangladesh: Cost of Padma Bridge project rises
    January 11, 2016
    The cost of building the Padma Bridge in Bangladesh will be nearly three times the US$2.61 billion estimated in 2011. Also on the rise is the cost of flood prevention work in the form of levee construction – called river training in Bangladesh. The addition of 1.3km of work at the Mawa end of the bridge means the total cost is now $1.2 billion, up from $1.1 billion. Apart from $200 from the $1 billion loan from India the project is not using any foreign financing, according to a report in the Daily S
    Read More
  • Serbian roads to get Chinese funding
    November 28, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in €400-€450 million of Chinese funding for Serbian highway projects. The Danube coast and the Corridor 11 projects are among those earmarked for a potential cash boost. Serbia’s Ministry for Transport (MOT) is also in talks with Chinese partners about other highway builds including100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig routes, as well as the 100km Pojate-Preljina project. China Road
    Read More
  • Philippines planning new roads
    December 14, 2016
    A series of new road projects are planned for the Philippines. The plans call for new road and bridge links to improve transport connections between the capital Manila and the country’s second city, Luzon. One of the most important road links will be the 17.3km connection from the Subic container terminals to the Subic-Clark-Tarlac Expressway (SCTEX), avoiding the congested Freeport area. Another important project is for a 65km expressway connecting Subic Freeport to the country’s capital. Plans are also be
    Read More
  • Serbia’s road network may benefit from major Chinese investment
    September 27, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
    Read More

Highlighted Content