Toll Royal derails regional projects
The unclear future of Cambodia’s national railway, following Toll Royal Railways’ suspension of operations on March 31, has cast doubt not only on the oft-delayed redevelopment project but also on a larger build-out expected to connect much of Asia. Toll Royal, a joint venture by Australian logistics firm Toll Group and Cambodian conglomerate Royal Group of Companies, had halted operations after continued setbacks in the redevelopment prevented the company generating sufficient revenues, sources familiar with the matter told the Post in March. But the stoppage also will affect the completion of the so-called Singapore-Kunming, China line, which has been under discussion for nearly 20 years and in which Cambodia is expected to be one of three key links…
