Skip to main content

Japan loans will finance Cambodia highway upgrade

Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. This major route runs from Poipet city, through Banteay Meanchey to Phnom Penh. The loan was announced by HE Shinzo Abe, Japan’s prime minister in a meeting with Samdech Akka Moha Sena Padei Techo Hun Sen, the prime minister of Cambodia. The meeting was held at the recent 27th ASEAN Summit in Malaysia.
November 26, 2015 Read time: 1 min
Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. This major route runs from Poipet city, through Banteay Meanchey to Phnom Penh. The loan was announced by HE Shinzo Abe, Japan’s prime minister in a meeting with Samdech Akka Moha Sena Padei Techo Hun Sen, the prime minister of Cambodia. The meeting was held at the recent 27th ASEAN Summit in Malaysia.

Related Content

  • Cambodia expressway project under construction
    March 27, 2019
    Construction is now underway on the expressway that will connect Cambodia’s capital, Phnom Penh, with the country’s premier port, Sihanoukville. The expressway will stretch some 190km when complete and the project is expected to cost US$2 billion. The work is being carried out by the Chinese contractor, China Road and Bridge Corporation (CRBC). The route is being built under the build-operate-transfer model and should take four years to complete.
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
  • Concern at Cambodia’s high road death rate
    January 4, 2017
    Concern is being expressed in Cambodia at its high road death rate. Official data from the National Police reveals that there were 1,717 people reported killed in crashes in Cambodia during 2016. January 2016 saw the greatest number of fatal incidents, while there were also 6,607 people seriously injured in road crashes throughout the year. Key factors in causing crashes include drink driving, speeding, breaking road traffic laws and being excessively tired while driving. The highest numbers of people being