Monday, June 16, 2025
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

ADB approves $82 million loan to Cambodia towards road improvement projects

October 1, 2021
in Business, Cambodia, National
0
ADB approves $82 million loan to Cambodia towards road improvement projects
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The Asian Development Bank (ADB) recently approved of a loan of $82 million to improve national and provincial roads in Prey Veng and Kandal. The improvement will also be towards the boosting of economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.

According to a press release from ADB, the assistance is the second phase of the Road Network Improvement project. The endeavour aims to strengthen Cambodia’s link with Vietnam and support the development of cross-border facilities between Prey Veng and Kandal.

The improvement and construction of the new roads will be done using disaster and climate damage resistant designs. The upgrade will also seek to help the Ministry of Public Works and Transport increase effective management of the roads by reducing overloaded vehicles, which are the most common causes of road damage and premature need of repairs.

“Road transport is the primary means of moving goods and people in Cambodia and between GMS countries,” said ADB Transport Specialist Mohammad Nazrul Islam. “The project will expand access to education, health, and other public services among local communities, especially poor, rural residents. It will also better connect them to markets and economic opportunities through a more efficient, safe, and climate-resilient road network connecting Cambodia with Vietnam along the GMS Southern Economic Corridor.”

The country’s transport sector faces challenges, including insufficient infrastructure investment and sustainability. Most of Cambodia’s rural roads and provincial roads are unpaved, and its national roads have limited capacity.

To address these challenges, the government has developed a national plan to build high-quality, sustainable, and climate-resilient infrastructure that can accommodate the country’s population and employment growth by 2030. AKP

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: ADBCambodiaKandalloan to CambodiaPrey Vengroad improvement projects
Previous Post

Rabbit Island resort investment project starts construction in Kep province

Next Post

Cambodia’s tax revenue may not benefit from avoidance system

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
99

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
78

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
105

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

November 24, 2020
69
Japan jeers at ‘terrifying’ mascot for Osaka World Expo: ‘Who approved that monstrosity?’

Japan jeers at ‘terrifying’ mascot for Osaka World Expo: ‘Who approved that monstrosity?’

May 11, 2022
23
E-commerce in Cambodia may require a licence

E-commerce in Cambodia may require a licence

September 5, 2020
41

WING Bank Cambodia – A bank for every Cambodian, from dreams to reality

March 19, 2022
25
Cambodia Securities Exchange (CSX) suspends, ‘market-maker’, SBI Royal Securities Plc

Cambodia Securities Exchange (CSX) suspends, ‘market-maker’, SBI Royal Securities Plc

May 18, 2020
73
Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

June 14, 2023
105

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!