Logo of Phnom Penh Post newspaper Phnom Penh Post - Price tag set for railway link to Vietnam border

Price tag set for railway link to Vietnam border

Price tag set for railway link to Vietnam border

EXPERTS have pegged the cost of a railway to link to Vietnam at US$686 million, after yesterday announcing the conclusion of a feasibility study for the construction of the link from Kampong Speu province to the border with Vietnam.

The proposed railway line would plug the largest missing link on the planned Singapore to Kunming, China rail line.

The Third Railway Survey and Design Institute from the Chinese Railway Ministry had conducted the study since July 2009 with US$3 million in assistance, a release said.

The 257 kilomtere link was estimated to cost some US$686 million, not including settlement compensation for residents affected by the project, it said.

Officials could not be reached yesterday to confirm if funding for the link had yet been secured.

The study was conducted in collaboration with Cambodia’s concerned ministries and institutions, including on-site study and aerial photographs.

“The study results show that the railroad stretch of 257 kilometres from … Oudong district of Kampong Speu province, to Snuol district in Kratie province, to Valy [in Vietnam],” it said.

“The project will provide huge economic benefits to Cambodia, especially on the development of agriculture and mineral resources.”

The statement said the study result will be submitted to Prime Minister Hun Sen to make a decision on the project.

The Asian Development Bank is presently spearheading a project to revamp the Kingdom’s existing rail links, including the 254 kilometre South Line from the capital to Sihanoukville, and the 388 North Line from Phnom Penh to the border with Thailand.

Toll Royal Railways, sole commissionaire for the railway, began running trains between Phnom Penh and Kampot province on the first reopened stretch in October last year.

MOST VIEWED

  • Hun Sen’s China visit ‘a good opportunity’

    Prime Minister Hun Sen’s visit to Beijing on Sunday to discuss economic and trade issues presents a good opportunity for the Kingdom to strengthen Chinese ties and counter punitive measures by the West, an analyst says. The prime minister’s four-day official visit to

  • ‘Action needed to stop road deaths doubling by next year’

    Minister of Interior Sar Kheng has expressed concern over the rate of traffic accidents, saying the death toll will double by 2020 if no effective preventive measures were put in place. At least five people on average are killed on Cambodian roads every day. The interior

  • Cambodian rice to lose EU duty-free status

    The Cambodian rice sector is set to lose its duty-free export status to the EU today – its major rice market – after the European bloc decided to impose tariffs on rice from Cambodia and Myanmar to curb a surge in such imports. The decision will be

  • Ministry to lose $60M a year in revenue

    The Ministry of Commerce will lose $60 million in revenue annually after the government eliminated export procedures in a campaign to boost competitiveness, a senior official at the ministry has said. Speaking at a press conference on Friday regarding the EU’s decision to impose safeguard