Sunday, June 10, 2012

Cambodian Rail Line Reopened to Help Regional Trade

Cambodia has reopened a stretch of railway destroyed during the country’s war and officials described it as a step towards boosting regional trade through rail links with neighbors. The Asian Development Bank is contributing $84 million to a $141 million project to repair 400 miles of railway linking Cambodia’s capital, Phnom Penh, to its borders with Thailand and Vietnam by 2013. Cambodia is providing $20 million, with Japan and Australia providing the balance. The fi rst section offi  cially opened in October runs 75 miles southwest from Phnom Penh to Touk Meas in Kampot province, near the border with Vietnam.

Read More in Cambodia Insight Website on Issue 5 Page 22.

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