Hun Sen Asks China for Loan to Build New Road

2 October 2012
The Cambodia Daily
Aid and development / Banking and financial services / Bilateral development assistance / Chinese aid / Economy and commerce / Infrastructure / Non-DAC members / Roads and bridges / Transport and shipping / Transport infrastructure and facilities
Chinese aid / Chinese loans / Construction projects / development aid / foreign loans / Infrastructure development / National Road 55 / Prime Minister Hun Sen / Road construction / roads

Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned from a visit to Beijing with the promise of some $523 million in loans and grants from China-$23.9 million of which Cambodia can spend in any way it pleases. Speaking at a ceremony in Pursat province to hand out land titles to villagers, Mr. Hun Sen said that the new highway would be called National Road 55 and that construction work would likely commence next year. …