Cambodia holds ground breaking ceremony for construction of new road

Cambodian government held ground breaking ceremony here on Wednesday for the construction of national road No. 76, which is under preferential loan from China.

The ceremony, attended by Cambodian Prime Minister Hun Sen and Chinese Ambassador Zhang Jinfeng, was held at the start point of the road in Snoul, Kratie province.

The ground breaking ceremony marks the start of four projects under the preferential buyer's credit loan from the Import-Export Bank of China (China Eximbank), Zhang said, adding that the Chinese government hopes the construction of those projects can help improve Cambodia's transportation environment and promote the economical development.

Hun Sen expressed his appreciation to the Chinese embassy, the China Road and Bridge Corporation as the contractor of the project and the concerned departments of the Cambodian government, saying that their efforts have made the project start shortly after it was initiated less than a year ago.

According to plan, the national road No. 76 from the junction of national road No. 7 in Snoul, Kratie province to Sen Monorom, Mondulkiri province, has a length of 127 km.

The China Eximbank signed an agreement with Cambodian government on Jan. 22 to offer 207 million U.S. dollars of loans to develop Cambodian infrastructure construction, including the construction of National Road No. 8 from Khsach Kandal to the Cambodian-Vietnamese border, the National Road No.76 and two bridges.

Source: Xinhua