Phnom Pen-Bavet Expressway Gets New Study

Ministry of Public Works and Transport has unveiled that China Railway Corporation is conducting a study on the Phnom Penh-Bavet Expressway project in detail for making result report which will be submitted to the government to consider for investment.

The study for detail has been made after the ministry and the Chinese company signed a framework agreement on the project recently, H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport.

According to H.E. Sun Chanthol, the company has 18 months period to make the study complete.

The feasibility study on the Phnom Penh-Bavet Expressway conducted by JICA has been completed showing that the project costs over US$2 billion.

According to the report, the expressway stretches over 135 km departing from Phnom Penh, crossing through provinces of Kandal, Prey Veng, and Svay Rieng before reaches Bavet border gate, sharing a border to Vietnam.

“The ministry signed on the framework agreement with a private company already and it takes 18 months to complete and make a report of a study which will be submitted to the government to consider allowing concession agreement with private investment company,” H.E. Sun Chanthol said.

Infield tour at Bavet international border gate on December 19, H.E. Sun Chanthol said Cambodia and Vietnam agreed to accelerate the connection of expressway between the two countries, Phnom Penh-Ho Chi Minh.

- Video Advertisement -

Related Post

Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop

Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under $4 billion, a stark contrast to the nearly 4,841 projects worth approximately $12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE Research on […]

USAID Grants USD 55 Million to Cambodia, Prioritizing Food Security, Health, and Environment

The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]

PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri

Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province’s water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply […]

Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr, and Confluences

Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot Province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies’ involvement in assessing the […]

France and EU Set to Boost Phnom Penh Water Supply’s Capacity for Clean Water Development

The French Development Agency (AFD) and the European Union are gearing up to enhance the capabilities of the Phnom Penh Water Supply Authority (PPWSA) initiative to strengthen Cambodia’s water sector, starting in early 2025. This plan, aimed at advancing the Sixth Sustainable Development Goal of universal access to clean water and improved sanitation, was announced […]

China Grants Over USD 42 Million to Boost Cambodia’s Infrastructure Development

To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s […]