Bridge-building frenzy hits the Kingdom
An aerial view of the bridge connecting Krochmar and Stung Trong districts scheduled to be opened before Khmer New Year. FB
It is not only roads, but also new bridges that are being built in Cambodia as the government embarks on an ambitious infrastructure development programme.
In the last few months, several major bridge projects were completed, with more in the pipeline or nearing completion. These projects are scattered across Phnom Penh, Kampong Cham, Tboung Khmum, Prey Veng, Kratie and other provinces.
Leading these mammoth undertakings is a bridge that will connect Koh Pich (Diamond Island) satellite city to the Koh Norea development area in Phnom Penh.
The project will significantly reduce traffic congestion on National Road 1, according to its proponents. More than $40 million has been allocated for the project. The groundbreaking for the bridge was held in October last year.
The construction of an important bridge that connects Tboung Khmum’s Kroch Chmar district with Stung Trang district in Kampong Cham is also nearing completion. The latest reports from the field revealed that the project, which is also known as the Cambodia-China Friendship Bridge, is now more than 96 percent complete.
The Chinese government is funding the construction of the bridge to the tune of $57 million. The 1,131-metre bridge, which spans the Mekong River, is scheduled for completion before the Khmer New Year, according to Transport Minister Sun Chanthol.
The last few months also saw the rehabilitation of several bridges in Kratie and Prey Veng.
Five of seven bridges in Kratie were repaired with funding from Japan. These include the Peam Te Bridge, Prek Chhloung Bridge, Anlong Khle Bridge, Prek Rus Bridge and Prek Sandan Bridge.
The Ba Baong No1 Bridge and Ba Baong No2 Bridge also benefited from the Japanese Official Development Assistance (ODA). The two bridges in Prey Veng also help connect Tboung Khmum and Kampong Cham with Phnom Penh.
The Cambodian economy stands to benefit from the construction of new bridges and rehabilitation of existing ones. At the same time, a strong economy will lead more people out of poverty. Cambodia will soon have more people belonging to the wealthy and upper middle class categories.
A growing and strong economy means that more people will be lifted out of poverty. These newly-wealthy and upper middle class families will soon be hunting for the best properties in Cambodia.
They don’t need to go far. The Peak will provide everything they need in terms of location, luxury, beauty, comfort and convenience. It’s all-in-one, as they say.
Developed by Oxley Holdings of Singapore and Cambodia’s WorldBridge Land, The Peak symbolises the best in Cambodian property.
The “oasis of luxury in the clouds” moniker is an understatement. There is more to The Peak than the human eye can see.
The integrated mixed-use development along the Hun Sen Road has top-notch residences alongside a Shangri-La Hotel, Grade A offices, restaurants and other ultra-modern facilities and amenities.
The Peak combines two 55-storey towers. Its location provides picture-perfect views of the majestic Bassac River.
Within these twin towers are 500 of the best residences, not only in Cambodia, but in the entire Southeast Asia.
If you live or stay at The Peak, you don’t need to travel far in search of food, tourist sites, entertainment, shopping destinations and other necessities and luxuries of modern living. Right at your doorstep or a stone’s throw away are countless retail shops, markers, malls, banks, sports centres, embassies, government offices and historic attractions.
An infinity pool, function rooms, gym, steam rooms and a barbecue pavilion poolside lounge are among the many amenities readily available to its occupants.
The Peak is a choice that every property hunter will not regret Ever. Khmer Times
