CRBC Signs the Investment Framework Agreement on Sihanoukville Expressway Project
On October 14, CRBC President Lu Shan, on behalf of CRBC, and Sun Chanthol – Minister of State and Minister of Public Works and Transport of Cambodia signed the investment framework agreement on Phnom Penh–Sihanoukville Expressway (hereinafter referred to as Sihanoukville Expressway).
The site where President Lu Shan and Minister Sun Chanthol sign the Investment Framework Agreement on Sihanoukville Expressway Project
Sihanoukville Expressway Project is about 190km long and the construction period is 4 years. CRBC will construct this project in BOT mode (build-operate-transfer).
Sihanoukville Expressway Project is a key project under the belt and road initiatives promoted in Cambodia, and it attracted much attention of the governments of China and Cambodia. This project can raise the regional highway network level and service level, form a golden economic belt between Phnom Penh and Sihanoukville and play a critical role in the national economic development of Cambodia.