[Brief ODA News: Infrastructure]: China provides loan US$273 million for nearly-53-kilometre-long Phnom Penh’s Third Ring Road.

[Brief ODA News: Infrastructure]: China provides loan US$273 million for nearly-53-kilometre-long Phnom Penh’s Third Ring Road. The construction of the third ring road from Sangkat Chaom Chau 3, Khan Pursenchey, Phnom Penh to Dei Edth commune, Kien Svay district, Kandal province began today (January 14, 2019). Nearly-53-kilometre-long ring road will be built at an estimated cost of US$273 million under the preferential buyer’s credit loan from the Government of the People’s Republic of China. The construction will last for 42 months, and four flyovers and 8 bridges will also be constructed. This new ring road will play a crucial role in contributing to reducing traffic congestion in Phnom Penh capital and to facilitating cross-border transport, boosting international trade and transforming the surrounding area into a development zone.