Phnom Penh Ring Road 4 under feasibility study
Phnom Penh Ring Road 4 under feasibility study
The Ministry of Public Works and Transport is currently studying the feasibility of Phnom Penh Ring Road 4, as the project has already been added into the Phnom Penh infrastructure master plan, says Public Works, and Transport Minister H.E. Sun Chanthol.
H.E. Sun Chanthol gave this statement during a press conference on the progress and future direction of the Ministry of Public Works and Transport at the Council of Ministers on 21 February.
“Regarding Ring Road 4, we are currently studying the feasibility. However, I don’t the progress of studying yet. However, we will build for sure,” said H.E. Sun Chanthol.
“Even though I know, I will not provide any detail to the press yet. If the location is revealed, people will go buy all the land around that area. The land price will go up, which also affects the construction expense,” he added.
Phnom Penh is currently having two Ring Roads being in use. While the third one is under construction, of which the ground was broken on 14 January last year. (Read More)
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Source: construction property news