The Asian Development Bank granted a US$42 million loan to the Cambodian government
for restoration of its railways on March 5. It will be spent on upgrading the Cambodian
section of the Trans-Asian Railway (TAR) network and restoring the Sihanoukville
line. The TAR section stretches from Phnom Penh to the Thai border at Poipet, and
will contribute to connecting China and all Asean Members by 2015. The entire restoration
cost will be US$73 million, with US$13 million coming from OPEC, US$2.8 million from
Malaysia, and US$15.2 million from the government.
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