Vietnam:US Cos To Build $1.8 Billion Highway Linking Vietnam Cambodia
HANOI -(Dow Jones)- Vietnamese and Cambodian authorities are working to allow U.S companies to build a $1.8-billion highway linking the two cities of Can Tho and Phnom Penh over the next two years, a local government official said Tuesday.
Vietnam's First Deputy Prime Minister Nguyen Sinh Hung has given the approval for authorities to work on the 110-kilometer highway linking Vietnam's Can Tho with the historic city of Phnom Penh, Le Tan Hoc, director of Can Tho city's transport department, said.
Global Ventures and KG America will bid to build under a build-operate-transfer model, the official told Dow Jones Newswires.
Under the model, investors build infrastructure, run it for a given period of time and then hand it over to the government.
Hoc said the highway is expected to have six lanes with a total width of 35 meters.
"Vietnam and Cambodia support this project, which will help boost trade in the region," Hoc said.
HANOI -(Dow Jones)- Vietnamese and Cambodian authorities are working to allow U.S companies to build a $1.8-billion highway linking the two cities of Can Tho and Phnom Penh over the next two years, a local government official said Tuesday.
Vietnam's First Deputy Prime Minister Nguyen Sinh Hung has given the approval for authorities to work on the 110-kilometer highway linking Vietnam's Can Tho with the historic city of Phnom Penh, Le Tan Hoc, director of Can Tho city's transport department, said.
Global Ventures and KG America will bid to build under a build-operate-transfer model, the official told Dow Jones Newswires.
Under the model, investors build infrastructure, run it for a given period of time and then hand it over to the government.
Hoc said the highway is expected to have six lanes with a total width of 35 meters.
"Vietnam and Cambodia support this project, which will help boost trade in the region," Hoc said.
10 comments:
$1.8 billions for 110km road is way way over price, even for a 6 lanes road. I won't spend more than a $1 million per km.
I won't spend any money at all.
Youns will invade Cambodia.
Let us alone !!!
VN can build, but when time comes. We can brake IT. Just like saddam's status in iraq.
Youn leaders now start to act as de facto sole owner of Indochina Federation. Colonialist Youn must stop this game. Go home Viet Minh.
Well, if yuon give us good idea, we'll used it, period, but I don't think using the US company to build road is a good idea. Thus, we must reconsidered it.
Gentleman
After a meeting of the experts in August2007, VN has now come out to the front line as a leading friend to control cambodia.VN can not stay hiding and control its puppet any more due to current political circumstances in cambodia.
Many of cambodian public sectors are urged to be joint venture such as defence, technology, public works...even trading center though S.Korea has already offered assistance for the setting up of the center.
International communities have now focused more on the cambodian economy due to potential of its growth and mineral resources undergone exploration.Political direction is changing due to the political pressure and demands for better management and better living condition by national and international human rights and other NGO's.
Invasion of cambodia is still on agenda, but strategy changed is in place.BE FRIEND BUT WATCH OUT COMPASSIONATE CAMBODIANS.
I was there when goods stocked and stored by KR, and VN army loaded away to Vietnam in 1979, even sugar cane factory in battambang was dismentled and trucked away.
Neang SA
4:52, 1979 in Cambodia is no difference from 2007 in Iraq. Millions of barrels of oil are being taking out from Iraq everyday, alright.
We know who this same Animal Viet troller @4:07AM and @5:53AM that is pretending to be Khmer speaking for khmer is. This animal Viet troller will be castrated and then euthanized when time comes.
Go home Viet troller!
Go home Vietcong!
This is what you call the Vietnamization process of Cambodia.
Does anyone ever wonder why Hanoi regime never allow Khmer Cambodians to visit Kampuchea-Krom or any where else in Vietnam? The Vietnamese government is very protective of their country, while Cambodia and Lao have an open-border policy to the Vietnamese. The one-way street policy of the Vietnamese is working very well in the Viet's favour. The Viets can immigrate to Cambodia and Lao, and not the other way around.
The Viet-Khmer-Laotian frienship is ONLY IN THE INTERESTS OF THE VIETNAMESE AND NOBODY ELSE---NOT KHMER AND NOT LAOTIAN.
If it is what the Hanoi-Phnom Penh-Vientian regimes called a mutual friendship, then can Khmer Cambodians and Laotians go to live in southern Vietnam(Kampuchea Krom) or in Hanoi or Hue?
If answer 'NO', then Cambodia and Lao will continue to be the Losers, while Vietnam is the sole Winner in this friendship of Cambodia-Lao-Vietnam
Wrong, there are many real Khmer doing businesses in South Vietnam also, especially in the Prey Nokor area.
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