The Korea Herald (South Korea)
Korea's state-run Korea Expressway Corp. said Friday it has signed a $2.65 million deal with the Cambodian government to improve and build new roadways for the Southeast Asian country.
The clinching of the deal came after Korea Expressway, in a consortium with Korea's Sambo Engineering Co., submitted a proposal to the Cambodian government for a road project there in October last year, it said.
The project calls for the consortium to design and supervise the improvement of two national highways and one local road and the construction of a detour in the Southeast Asian country. Completion of the project, expected to begin next month, is slated for June 2013, the company said in a statement.
The clinching of the deal came after Korea Expressway, in a consortium with Korea's Sambo Engineering Co., submitted a proposal to the Cambodian government for a road project there in October last year, it said.
The project calls for the consortium to design and supervise the improvement of two national highways and one local road and the construction of a detour in the Southeast Asian country. Completion of the project, expected to begin next month, is slated for June 2013, the company said in a statement.
7 comments:
yea.. yea.. yea.. whatever. this just give more money into ah kwak and his cpp officials pocket.
more then 90% of international aid flows through cambodia goes to ah kwak kbot cheat and his cpp officials pocket.
there are billions of aid to cambodia anually. but look at our country today. yes, there are some paved road but that's less then 10%of what could have done without corruptions.
a 2 million dollar road? How long will it last? 2 year top?
How much the Hynday cost? Not much,but most people called oneday car because they are broke in the short period of the times ,the cheep groups looking for the cheap qualities,they re not looking for the long terms and quality.
Normally 1KM of road costs $1M,
it would be $2.65 billions contract.
good news for cambodia because any improvement in the highway system is all good for cambodia and the economy, really!
It's encouraging to see Cambodian government agreed to make to deal with Korean Engineering Co. This means more jobs will be created! Hurray! I hope living condition will be improved!
LOL, yeah right!
All these foreigners investers bring their own people to employ in Cambodia such as one of the dam being built in Kompot mostly employ the Chinese people itself.
Like the Rubber plantation of YUON, they bring more YUON in.
KhmerPP,
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