Cambodia & Korea Sign Contract to Fast-Track USD 235m Areyaksat Bridge Construction by Mid-2025

Cambodia and Korea have sealed a comprehensive contract to expedite the construction of the Cambodia-Korea Friendship Bridge, with work slated to begin by the end of the first half of 2025. The contract, signed on 25 September 2024, details the technical collaboration between the Ministry of Public Works and Transport and Korea’s Yooshin Engineering Corporation. (Read more)

The agreement is expected to accelerate the project’s timeline, enhancing the relationship between the two nations. The total investment for the 2,375-metre cable-stayed bridge stands at USD 235 million, funded by the Export-Import Bank of Korea.

During the signing ceremony on 25 September 2024, HE So Victor, Secretary of State of the Ministry of Public Works and Transport, joined representatives from the Ministry of Economy and Finance and Yooshin Engineering Corporation to formalize the collaboration.

This technical contract will cover detailed design studies, procurement processes, and the selection of a construction firm, ensuring that the construction of the Cambodia-Korea Friendship Bridge progresses smoothly and efficiently.

Spanning 2,375 metres with a width of 27.5 metres, the bridge is set to connect Night Market to Chroy Changvar and Chroy Changvar to Areyaksat. This critical infrastructure, valued at USD 235 million, will strengthen the transport links between these areas, fostering further economic growth and trade opportunities. (Read more)

In a previous high-level meeting on 11 September 2024, Yoon Suk-Yeol, President of the Republic of Korea, assured Cambodia that the Cambodia-Korea Friendship Bridge will be officially inaugurated in 2025, signifying a milestone in the ongoing diplomatic and economic partnership between the two countries. The meeting took place at the Presidential Palace in Korea with Samdech Techo Hun Sen, President of the Senate, solidifying bilateral ties further.

Samdech Techo Hun Sen, President of the Senate, solidifying bilateral ties further.

- Video Advertisement -

Related Post

National Road 41 Completed: A Boost for Cambodian Infrastructure

In a significant milestone for Cambodia’s transportation network, National Road 41 has officially been completed, with a total investment exceeding $67 million. Spanning over 95 kilometres, this new road enhances connectivity between National Road 4 in Kandal and National Road 3 in Kampot, paving the way for easier travel and trade across the region. The […]

Funan Techo Canal Completes 142 demarcation points, Sets Stage for Transformative Infrastructure Shortly

In a landmark achievement for Cambodia’s infrastructure development, the inter-ministerial technical working group has successfully completed the boundary posting process for the first 21 kilometres of the Funan Techo Canal. This initial section, stretching from Prek Takeo to Prek Po, has reached 100% completion, with 142 demarcation points now established along the route. This milestone […]

The Gov’t Temporarily Opens Morodok Techo Flyover’s First Floor Ahead of Khmer New Year 2025

To enhance urban mobility and alleviate traffic congestion in Phnom Penh, the Cambodian government has announced the temporary opening of the first floor of the highly anticipated Morodok Techo Flyover ahead of the Khmer New Year celebrations 2025. This development comes as part of efforts to facilitate smoother travel during the bustling Khmer New Year […]

Cambodia Completes 271 Rural Road Projects in 2024, Enhancing Accessibility Across Remote Areas

The Cambodian government has announced the successful completion of 271 rural road projects in 2024, significantly boosting transportation accessibility for remote communities. The Ministry of Rural Development presented these achievements during a year-end meeting on 9 December 2024, highlighting the construction and improvement of approximately 940.71 kilometres of double-paved roads and outlining strategic plans for […]

Mekong River Bridge in Kratie Province Achieves 77% Completion, Set to Fully Operate by September 2025

The Mekong River Bridge project in Kratie Province has reached a major milestone, with 77.02% of the work completed as of  December 2024. Spanning an impressive 1.761 kilometres with a width of 13.55 metres, this landmark infrastructure project is set to enhance regional connectivity and stimulate economic growth. The project also includes a 31.69-kilometre connecting […]

Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation

The construction of twin flyovers along Phnom Penh’s 60-meter boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, […]