China Announces New ASEAN Belt & Road Initiative Projects Centered Around Cambodia
The Phnom Penh-Bavet Highway which will ultimately link the Cambodian and Vietnamese capital cities
The 2022 ASEAN summit took place at the Cambodian capital Phnom Penh, this past weekend, with China as an official guest. At the event, Chinese Premier Li Keqiang announced Beijing’s approval of Chinese investment in significant infrastructure projects in the ASEAN region.
Among these is a US$1.6 billion expressway to be built from Phnom Penh to Bavet, at the Cambodian-Vietnamese border, and financial support for a rail link between Phnom Penh, Bangkok, and Vientiane, Laos, from which a high-speed rail link has already been constructed into China.
Sun Chanthol, the Cambodian Public Works and Transport Minister, said during the signing ceremony that the Phnom Penh expressway would link up with Vietnam’s expressway between Ho Chi Minh City and the Moc Bai border gate with Bavet, providing direct access via highway between the Cambodian and Vietnamese capitals.