Compass Real Estate > Cambodia Real Estate Information > New expressway, Capital to Bavet city

New expressway, Capital to Bavet city

2020-07-20
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Summary:The Cambodian government has plans to build an expressway from Phnom Penh to Svay Rieng province’s Bavet city, said the Office of the Council of Ministers in a statement.

In the letter signed by Prime Minister Hun Sen on Wednesday, he ordered the Ministry of Transport and Public Works, Ministry of Finance and Office of the Council of Ministers with other related authorities to form a committee to draw up the plans for this project.

China Railway International Group Co Ltd It will be the investors of this project.

Bavet city is located at the border between Cambodia and Vietnam. The construction of this expressway will facilitate transportation and transfer of goods across the country from Phnom Penh to the provinces along the road to Svay Rieng, as well as Vietnam.

With the development of economy in Cambodia, the infrastructure in Cambodia are updating gradually.

The first expressway in Cambodia is Phnom Penh Sihanoukville expressway. Phnom Penh Sihanokville expressway is play the important role in traffic netwok. Phnom Penh- Bavet is the second expressway in Cambodia, but the expressway’s cost is much expensive than Phnom Penh Sihanukville expressway project. H.E Sun Chanthol once stated that the Phnom Penh Expressway must pass through many lake areas and flood-prone areas along the way, and the length is about 80 kilometers. Therefore, the construction of the project is difficult and the construction cost is relatively expensive.

Phnom Penh -Bavet expressway not only drive the development of Bavet city, improving the goods transfer and transport along the expressway, but also promote the trade between Cambodia and neighbouring countries.

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