News
After strong start, city bus’ future unclear
After a monthlong test run saw 10 buses often filled with passengers, a Chinese-owned company promised in early March to inject millions into the project and add hundreds of new buses. But Global Trade Development left the project last month after the municipality refused to grant ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/after-strong-start-city-bus-future-unclear-58640/
City bus operation awarded on basis of ‘verbal’ contract
The Chinese-owned company that began operating Phnom Penh’s new public bus service Wednesday secured its five-year deal on the basis of a verbal agreement and has not yet signed a formal contract with City Hall, the company’s CEO said. Lim Andre, the CEO of Global (Cambodia) ...
Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/city-bus-operation-awarded-on-basis-of-verbal-contract-53627/
Single Company to Run Public Buses in Phnom Penh
Phnom Penh could have a public bus system operating under a single company before the end of 2013 at the earliest, Phnom Penh governor Kep Chuktema said yesterday. Global (Cambodia) Trade Development, a joint venture between Cambodian and Chinese investors, had originally been chosen alongside South ...