Cambodia Begins Construction of China-Funded Expressway Linking Vietnam

Read MoreCambodia has begun the construction of its second expressway, funded by a Chinese company, which will link the capital Phnom Penh with Bavet city on the eastern border with Vietnam.
Cambodian Prime Minister Hun Sen presided over a groundbreaking ceremony for the Phnom Penh-Bavet expressway on June 7, the second after the Phnom Penh-Sihanoukville expressway—also funded by China—opened last year.
The 84-mile-long expressway is expected to be completed in four years and will cost $1.35 billion. China Road and Bridge Corporation, which funded the project, will operate it for 50 years before transferring it to the Cambodian side.
At the ceremony, Hun Sen said the expressway will help increase the investment, trade, tourism, and cross-border transportation between Cambodia and Vietnam while boosting his country’s relations with China….