Cambodia Paying Attention to Another Expressway from Phnom Penh to Bavet

The Ministry of Public Works and Transport have been paying attention to Phnom Penh-Bavet Expressway project to boost trade, tourism and regional connectivity, according to the ministry's news release.

A meeting to review the preparatory survey for the Phnom Penh-Bavet Expressway Development Project Study, conducted by Japan International Cooperation Agency (JICA), was held yesterday under the presidency of H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport.

Mr. Tatsuyuki Sakurai, JICA Project team leader presented the draft final report on the preparatory survey, explaining the key elements of the survey in relation to the preliminary design, cost estimates, project scheme, project implementation plan and the funding scheme possibilities.

In the meeting, H.E. Sun Chanthol expressed his sincere thanks and appreciation to JICA on behalf of the country for the detailed and comprehensive survey.

H.E. Senior Minister encouraged participants to give their critical comments based upon the survey's results and pledged to further discuss the funding mechanism with the Ministry of Economy and Finance and the possibility to move the project forward.

Last year, the ministry drafted the concession agreement for the country's first expressway from Phnom Penh to Sihanoukville.

The estimated 190-kilometer-long and 25-meter-wide expressway would be built with an investment capital of some US$1.6 billion.

According to Cambodia's Expressway Master Plan, by 2020, Cambodia needs in total 850 kilometers of expressway which would cost some US$9 billion, and by 2040 the country needs an investment capital of about US$26 billion to build 2,230 kilometer-long expressway.

Source: Agency Kampuchea Press