​China firm proposes expressway for capital | Phnom Penh Post

China firm proposes expressway for capital

Business

Publication date
01 October 2014 | 09:37 ICT

Reporter : May Kunmakara

More Topic

A Chinese company has presented an ambitious plan to build an expressway over Phnom Penh in an effort to relieve traffic congestion.

Representatives from Henan Provincial Communications Planning Survey and Design Institute (HPC) revealed plans for the expressway to Deputy Prime Minister Keat Chhon in Phnom Penh on Monday. If built, the expressway would run from the Camko Satellite City roundabout to the airport, according to a statement from Chhon’s office.

“The [expressway] will enhance the development of the country and especially boost its sustainable economic growth and lift the standard of people’s lives,” HPC chairman Chang Xingwen is quoted as saying in the statement.

Chhon agreed in principle to a build-operate-transfer arrangement with HPC but stressed that the road should run over the city rather than through it.

“The company has to think and definitely conduct feasibility studies about the project’s economic efficiency and the internal rate of return,” he said.

HPC agreed to Chhon’s call for a feasibility study but did not say when one would be done.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]