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Cambodia Signs Yen Loan Agreement: Supporting the Development of the Southern Economic Corridor, a Major Artery in the Mekong Region | News / Media

Posted on 2024-07-222024-09-15 by Editor in Chief

The Japan International Cooperation Agency (JICA) signed a Yen Loan Agreement (L/A) with the Government of the Kingdom of Cambodia on July 19 in Phnom Penh for the “National Highway No. 5 Rehabilitation Project (Sreama Am – Battambang and Sisopong – Poipet) (Phase III)”. A Loan Agreement (L/A) was signed for the “Sreamaam – Battambang and Sisopon – Poipet (Phase III)” project. The outline of the project is as follows

Country (region covered)

Kingdom of Cambodia

(Pursat, Battambang and Banteay Meanchey provinces)

Project Name

National Highway No. 5 Rehabilitation Project (Sreeramaam – Battambang and Sisopon – Poipet) (Phase III)

National Road No. 5 Improvement Project (Thlea Ma’am – Battambang and Sri Sophorn – Poipet Sections) (III)

Business Objectives

This project aims to improve and widen the existing road between Sreeramaam and Battambang and between Sisopon and Poipet on National Highway No. 5, which connects the capital Phnom Penh and the Thai border, as well as to build a bypass, thereby enhancing the transportation capacity of this road and facilitating logistics between Thailand and Cambodia, thereby contributing to the promotion of Cambodia’s economic development. The project aims to facilitate logistics between Thailand and Cambodia, thereby contributing to the promotion of Cambodia’s economic development.

Business

(a) Civil works (repair and widening of existing roads (total length: approx. 134 km), construction of bypass roads (total length: approx. 12 km), new bridges (8) and replacement (25), installation of median strip (3 m wide, all sections), installation of vehicle weight scale equipment (6)), installation of traffic safety facilities (international competitive bidding)

(b) Consulting services (detailed design, bidding assistance, construction supervision, human resource development and organizational strengthening, etc.) (short list method)

Amount

8.293 billion yen

Interest Rates

Body: TORF + 40bp / Consulting Services 0.20%.

Redemption period

30 years (including 10 years of deferment)

Procurement Conditions

untied

Implementing Agency

Ministry of Public Works and Transportation

Contribution to the achievement of the SDGs

Goal 3 (Health and Well-Being for All)

Goal 9 (Create a foundation for industry and innovation)

Schedule for future project implementation (tentative)

(1) Project completion date: April 2026 (project completion at the time the road is put into service)

(2) Expected date of sending invitation letter for consulting services (detailed design, etc.): Hired

(3) Publication of the first package bid by international competitive bidding for the main body of work: contracted

read more

© Source JICA

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