Phnom Penh (FN), Jan. 23 – Cambodian Prime Minister Hun Manet urged the finalisation of negotiations for a new railway concession agreement by redefining investment through a Public-Private Partnership (PPP) to upgrade and enhance Cambodia’s existing railways.
The premier spoke on Thursday (Jan. 23) during the closing ceremony of the annual meeting of the Ministry of Public Works and Transport.
“I urge the completion of the negotiation process for a new railway concession agreement by redefining investment through a Public-Private Partnership (PPP) with the participation of new strategic partners to upgrade and improve the existing railways. This includes ensuring the efficiency of railway management and operations in Cambodia,” the premier underscored.
In addition, Samdech Thipadei also urged the Ministry of Public Works and Transport to cooperate with relevant ministries and private companies to expand Cambodia’s existing railways.
Premier Hun Manet highlighted the need for the ministry to promote studies and explore potential investment and development partners for the establishment of a high-speed railway system. He stressed the importance of preparing a comprehensive master plan for the railway sector, evaluating investment options, economic efficiency, and other impacts to facilitate all types of travel and transport while reducing traffic congestion.
In particular, the premier also underlined the necessity of implementing the 2019 Cambodia-Thailand bilateral agreement on joint railway operations and conducting a feasibility study for constructing a new international railway station in the Stung Bot area to replace the Poipet station.
The premier noted that Krakor District in Pursat Province is set to develop a special economic zone in the future, which will require improved transport infrastructure, particularly through the utilisation of railways. He stated that Cambodia does not need to invest in building a high-speed railway system costing billions of dollar but should instead focus on upgrading its existing infrastructure.
The premier also expressed concerns over accidents involving trains and vehicles, especially in areas near residential villages.
=FRESH NEWS
