Page 2 - Sin Chanthy News Today

At a March 17 meeting with delegates from China Metro Group, Minister of Public Works and Transport Sun Chanthol shared several infrastructure projects that his ministry is studying. He invited the company and its partners to express their interest in investing in any of the projects.

A fourth expressway project, planned to connect the capital with Poipet International Gate on the Thai border, has entered the study phase, according to Minister of Public Works and Transport Sun Chanthol. The minister was speaking to reporters during an inspection of a construction site for Phnom Penh’s third ring road on February 28.

Construction of the Stung Bot border checkpoint in Banteay Meanchey province and a service road which will connect it to National Road 5 is now 80 per cent complete. Experts in the travel sector expect that when the new checkpoint begins operating, it will stimulate trade and tourism activities between Cambodia and Thailand.

The Ministry of Public Works and Transport said the construction of National Road 2 and 22 is scheduled for completion by the end of March as it is now more than 90 per cent finished, while experts in the transportation sector expect the expansion of the national road infrastructure

In addition to the US, China, the EU and ASEAN, Cambodia is looking at markets in the nations of the former Soviet Union (USSR) to further expand its international trade, according to Ministry of Commerce spokesman Penn Sovicheat.

The Ministry of Public Works and Transport said the construction of National Road 2 and 22 is scheduled for completion by the end of March as it is now more than 90 per cent finished, while experts in the transportation sector expect the expansion of the national road infrastructure to increase transport activity and allow for smoother travel.

The UK has expressed interest in promoting investment in Cambodia’s infrastructure and energy sector, in a move that has been hailed as a potential avenue to appreciably lower production costs domestically and bolster the Kingdom’s general competitiveness on the regional and global stages.

A key study on a proposed waterway link from the Bassac River to the sea in the Kampot-Kep region has been completed, the transport ministry reported, revealing plans for the project to connect to a “seaport” in Kampot province, igniting hopes for a solid pop in economic growth for the Kingdom.

A key study on a proposed waterway link from the Bassac River to the sea in the Kampot-Kep region has been completed, the transport ministry reported, revealing plans for the project to connect to a “seaport” in Kampot province, igniting hopes for a solid pop in economic growth for the Kingdom.

The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete.