Tuesday, May 13, 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 provides $82 million in loan to improve Cambodian roads, support GMS Economic Corridors

October 4, 2021
in Business, Cambodia, National
0
ADB provides $82 million in loan to improve Cambodian roads, support GMS Economic Corridors
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometres of national and provincial roads in Prey Veng and Kandal provinces to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.

According to an ADB’s press release AKP, the new assistance is the second phase of the Road Network Improvement Project series, which aims to strengthen Cambodia’s link with Viet Nam and support the development of cross-border facilities in the two provinces.

The new upgrade will use disaster- and climate-resilient design and help the Ministry of Public Works and Transport better manage roads by reducing vehicle overloading, which often damages roads and leads to premature repairs, it added.

“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 Viet Nam along the GMS Southern Economic Corridor.”

Cambodia’s economy grew 7.8 percent a year on average from 1998-2019, but suffered a 3.1 percent contraction in 2020 because of the coronavirus disease (COVID-19) pandemic. 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. The roads under the project are included in the project list of the master plan.

The first phase of the project, which was approved by ADB in 2017, covers 147 kilometres of national roads in the provinces of Prey Veng, Siem Reap, and Svay Rieng along the GMS Southern Economic Corridor.

Under the second phase, the upgrade to the national road will showcase cost-effective, sustainable, and environmentally friendly bioengineering techniques, including those for protecting embankment and slopes. The upgrade to the provincial road will pilot an environmentally friendly liquid soil catalyst to help expand the use of locally available materials.

The project also aims to help the Ministry of Public Works and Transport improve road asset management and develop a sustainable road maintenance regime using performance-based road maintenance contracts. It will also raise awareness of road safety and health in project communities.

The road project follows ADB’s country partnership strategy for Cambodia, which aims to help the country improve competitiveness and diversify the economy. The project also builds on ADB’s portfolio of road and railway projects in the country.

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

Tags: ADBCambodiaCambodian roadsKandalPrey VengSiem ReapSvay Rieng
Previous Post

Vietnam’s lockdown ensnares world’s clothing giants

Next Post

France plans to extend Covid state of emergency until next summer

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
92

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
75

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
100

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

$2 million electric motorbike assembly plant in Cambodia by Verywords Co Ltd launched

$2 million electric motorbike assembly plant in Cambodia by Verywords Co Ltd launched

May 30, 2023
48
EZECOM first to collaborate with AWS to provide leading Cloud service for Cambodia

EZECOM first to collaborate with AWS to provide leading Cloud service for Cambodia

March 15, 2022
43
Ford Cambodia, operated by RMA Cambodia, brings vehicles and technical training

Ford Cambodia, operated by RMA Cambodia, brings vehicles and technical training

September 1, 2020
56
Tire factory in Cambodia’s Sihanoukville Special Economic Zone officially launched

Tire factory in Cambodia’s Sihanoukville Special Economic Zone officially launched

May 23, 2023
95
Innovation key to Cambodia’s garment industry growth

Innovation key to Cambodia’s garment industry growth

December 3, 2021
16
Approval in principle for new domestic airport in Mondulkiri province

Approval in principle for new domestic airport in Mondulkiri province

January 4, 2021
20

© 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 !!