Cambodia Gets Fund to Future Railway Projects

The Asian Development Bank will finance a $141m rail project in Cambodia that aims to improve regional trade by repairing and rebuilding 600km of the country’s railway network, including connecting it with neighboring Vietnam.

December 18, 2009 9:30 pm | Last Update: August 9, 2015 9:33 pm

The Asian Development Bank will further finance Cambodia’s $141m rail project to repair and rebuild the entire 600km of rail network to improve regional and cross-border trade.

The new $42m loan will enable freight trains to operate between Kampot near the border with Vietnam and Cambodian capital Phnom Penh in 2011.
Money will also be used to develop a modern freight and rolling stock maintenance facility on the outskirts of Phnom Penh.
The entire project, scheduled to finish by 2013, includes rebuilding the war-destroyed railway link to Thailand and is expected to make Cambodia a sub-regional transport hub in the Greater Mekong Subregion.

TAGS: cambodia railway network, Cambodia railway news, Cambodia railway projects, cambodia railway rehabilitation, cambodia railway rehabilitation project

railwaynews

Railway infrastructure, rolling stock and transport technologies specialist focused on global rail industry developments, high-speed rail systems, signaling technologies and freight transportation. Covering railway investments, public transport modernization, rail operations and international mobility projects across Europe, Asia and North America.