Over US$3.3bil in Chinese funds drive Cambodia's construction projects

A shot of the Koh Nora-Koh Pich Bridge, which will be inaugurated on November 15. The bridge is one such project funded by money from China. — The Phnom Penh Post/ANN

PHNOM PENH (The Phnom Penh Post/ANN): Projects funded by Chinese concessional loans and grants have reached a total value of over US$3.3bil, according to the Council for the Development of Cambodia (CDC). The funding has resulted in the construction of over 3,000km of roads, with an ongoing request for China to expedite budget allocation for further rehabilitation and repairs.

Deputy Prime Minister and first vice-chair of the CDC Sun Chanthol, elaborated on the status of road infrastructure projects under these funds, during the first anniversary of the Phnom Penh-Sihanuokville Expressway (PPSHV Expressway) last week.