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Wednesday, December 28, 2011

Cambodia, South Korea Sign a Document to Reconstruct National Road No. 56

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Cambodia, South Korea Sign a Document to Reconstruct National Road No. 56

AKP Phnom Penh, December 28, 2011 — 

The Cambodian Ministry of Public Works and Transport has signed a document with two Korean companies – Kumho Industrial Co., Ltd. and HWANGBO General Constrction Co, Ltd. – to reconstruct a portion of National Road No. 56 linking Banteay Meachey and Oddar Meanchey provinces. 

The rehabilitation of the 84-kilometer road portion will cost over US$20.67 million.

Speaking at the ceremony held here on Monday, Cambodian Minister of Public Works and Transport H.E. Tram Iv Tek said the rehabilitation of the National Road No. 56 is divided into two important parts – one is under an assistance project of the Asian Development Bank (ADB) and the other is under a loan project of the Economic Development Cooperation Fund of the Republic of Korea. 

The South Korean Ambassador to Cambodia H.E. Chang Ho-jin, who was also present at the signing ceremony, touched on Korea’s assistance to the rehabilitation of Cambodia’s infrastructure so as to contribute to the poverty reduction and socio-economic development in Cambodia. 

By LIM Nary

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