Phnom Penh-Bavet high speed project worth nearly $ 4 billion is seeking additional investment partners

His Excellency Sun Chanthol, Senior Minister and Minister of Public Works and Transport, said that the study of the highway from Phnom Penh to the Bavet - Cambodia border was completed, costing about $ 3,800 million. According to the National News Agency.

His Excellency Sun Chanthol said that the Royal Government has allowed the International Cooperation Agency of Japan (JICA) to conduct highway studies from Phnom Penh to Bavet, a distance of 160 km for the construction of this road.

After the study, the road will cost about $ 3,800 million, which is costing much to build the highway as the road is to be flooded and across lakes or floodplains with length Up to 80 kilometers have cost much to build.

He said that compared to the construction of high-speed roads from Phnom Penh to Sihanoukville, which is 190 km long, it is estimated to cost only about $ 2 billion because the road is not built through the lake or area. Flood like Phnom Penh to Bavet. He added that because of the high cost of construction of the highway from Phnom Penh to Bavet, the amount of money spent on the construction of the highway is too high, the government has not decided whether to build it, seeking private sector investment partners to build this road .