Khmerization's comment: Good initiatives but where can Cambodia get the $550 million from? Railway and road links with our neighbours will boost economic activities. So this initiatives get my thumps up.
================================================
Ha Noi — Cambodia will spend US$550 million to build a railway line from Phnom Penh to Loc Ninh in Viet Nam’s southern Binh Phuoc Province.
Work on the 257 km line is scheduled to begin soon following the completion of a careful feasibility study, says Cambodia’s Transport Ministry.
Cambodia will also open a line from Serei Sophorn, in Banteay Meancheay Province, to Thailand as part of the effort to improve the carrying of freight within ASEAN.
The $80-million project is expected to be complete by 2010.
The Serei Sophorn – Thailand line will become part of a 5,500 km route from Singapore through Thailand and Cambodia to China’s Kunming Province.
A 130km Sai Gon – Loc Ninh line is now being planned by Viet Nam with the help of experienced Chinese experts.
The work is expected to cost $438 million and is part of Viet Nam’s plan to have a railway system to link with its fellow ASEAN countries by 2020 as part of a national transport development strategy approved by Prime Minister Nguyen Tan Dung. — VNS
No comments:
Post a Comment