OCIC Provides Infrastructure Funding
The company that’s behind the Koh Pich bridge development is providing US $70 million to Phnom Penh city hall to improve the city’s infrastructure… “All of the money that comes from the Koh Pich development is being used by city hall to develop Phnom Penh city’s infrastructure,” said Pung Kheav Se, General Director of the Overseas Cambodia Investment Corporation (OCIC), which is developing the bridge project. Canadia Bank if a subsidiary of OCIC. Municipal Governor Kep Chuktema said the infrastructure will feature the new Monivong bridge, one overpass on Monivong Boulevard, and another overpass under construction along the Russian Federation Boulevard and some construction work on the banks of the river…
