Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects

The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway.

According to the virtual meeting between the three prime ministers on 10 March, the three nations have vowed to do their best to push the three projects into reality as soon as possible.

If built, these three cross-border infrastructure developments will help boost a regional framework of cooperation, and increase economic activity through trade.

In the meeting, the three leaders also considered resuming international flights between the three nations.

To date, the Phnom Penh-Ho Chi Minh railway has yet to see big progress since being first announced in 2019. According to the Ministry of Public Works and Transport spokesman Vasim Sorya, both nations have only agreed verbally on the project and there wasn’t any official agreement signed yet. (Read more)

However, he added that the railway remains listed as a prioritised infrastructure construction project. In October last year, a Chinese firm finished the feasibility study but the government has decided on anything. (Read more)

- Video Advertisement -

Related Post

Shangri-La Phnom Penh Sets a New Benchmark in Luxury with $580 Million Investment

A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its $580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivalled comfort and sophistication. The hotel held its temporary inauguration on 15 December […]

Kambol District Celebrates the Launch of USD 1.4 Million Boeung Thom Water Treatment Plant

In a transformative move to improve access to clean water for Phnom Penh residents, the Cambodian government has inaugurated the Boeung Thom Water Treatment Plant, a USD 1.4 million investment aimed at serving over 3,000 families in the Kambol District. The inauguration ceremony, held on 16 December 2024, was officiated by HE Hem Vandy, Minister […]

Groundbreaking Ceremony for Mekong Key City in Areyaksat Marks a New Era in Cambodian Urban Development

The Cambodian government has officially commenced construction on the ambitious Mekong Key City project, a transformative satellite city spanning over 200 hectares along the eastern bank of the Mekong River. The groundbreaking ceremony, held on 17 December 2024 and presided over by PM Hun Manet, signals the start of a development poised to redefine the […]

Fifty Korean Companies to Invest in Cambodia’s Priority Sectors, Boosting Bilateral Economic Ties

In a landmark development for Cambodia’s economic landscape, fifty companies from the Korean Industrial Confederation (KIAF) have expressed their intention to invest in the country’s priority sectors. This announcement followed a high-level meeting between Cambodian PM Hun Manet and KIAF chairman Marn-Ki Jeong, held on 13 December 2024. The visit was part of a broader […]

Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects

Sihanoukville’s economic transformation is gaining momentum with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposing stalled […]

Phnom Penh’s New University of Health Sciences Hospital: A Vision for Modern Healthcare Begins Construction

In a landmark development for Cambodia’s healthcare sector, the construction of the University of Health Sciences Hospital has officially commenced, backed by a substantial USD 67 million loan from South Korea. The groundbreaking ceremony, led by PM Hun Manet on 10 December 2024, marks a pivotal moment in enhancing medical services within the nation. Strategically located along the scenic Phnom […]