Signing of Japanese ODA Loan Agreement with Cambodia: Supporting improvements to the Southern Economic Corridor, a major arterial for the Mekong Region
2024.07.22
On July 19, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Royal Government of Cambodia in Phnom Penh, to provide Japanese ODA loan for the Project for the National Road No.5 Improvement Project (Thlea Ma’am - Battambang and Sri Sophorn - Poipet Sections) (III). Outlines on the project are provided as below.
- Country (Target Areas)
Kingdom of Cambodia
(Pursat, Battambang, and Banteay Meanchey provinces)
- Project Title
National Road No. 5 Improvement Project (Thlea Ma'am - Battambang and Sri Sophorn - Poipet Sections) (III)
- Project Objective
The objective of the Project is to increase the transportation capacity as well as to improve the logistics efficiency in the section between Thlea Ma’am and Battambang, and Sri Sophorn and Poipet along the National Road No.5 which connects Phnom Penh Capital and Thai border, by improving the condition of existing road and constructing the new bypasses, thereby contributing to economic development of Cambodia.
- Project Component
i) Civil works (rehabilitation and widening of the existing road (about 134 kilometers in total length), construction of bypasses (about 12 kilometers in total length), newly construction of 8 bridges and rehabilitation of 25 bridges, installation of median division (3 meters in width over the whole section), construction of 6 weigh stations), and installation of traffic safety facilities
ii) Consulting services (e.g. detailed design, bidding assistance, construction supervision, human resource development / enhancement of the organization)
- Loan Amount
8,293 million Japanese Yen
- Annual Interest Rate
Project: TORF +40bp / Consulting Services: 0.20%
- Repayment Period
30 Years
- Grace Period
10 Years
- Procurement
General untied
- Executing Agency
Ministry of Public Works and Transport
- Contribution to SDGs
Goal 3(Good Health and Well-being)
Goal 9(Industry, innovation and infrastructure )
- Planned Implementation Schedule
(1) Completion of the Project: April 2026, when the roads are put into service
(2) Issuing of letters of invitation for consulting services (including detailed design work): Already hired
(3) Tendering of announcement of initial procurement package for international competitive bidding on project construction: Already contracted
Signing ceremony
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