Cambodia's Transport Revolution: A Promising Landscape for International Investors

Cambodia has been focusing on improving its transportation links to boost economic growth and tourism. The government has been working extensively on a number of large-scale infrastructure projects, including expressways, airports, and railway development, which will create better connectivity throughout the country.

At attain+ we are uniquely positioned to help investors take advantage of new transport infrastructure in Cambodia by connecting international investors with local development projects. Our team of experts are on hand to offer expert advise and exciting opportunities to invest across Cambodia.

The country's location offers an excellent opportunity for trade and investment, serving as a strategic hub between Southeast Asia and the wider global community. Therefore, the need to enhance transport links across the country is vital to accommodate trade coming from neighbouring countries such as Thailand, Laos, and Vietnam. Additionally, improved transport infrastructure will provide better connectivity for people and goods, which is crucial for businesses to have better access to markets, supply chains, and customers.

The country’s focus on tourism, one of Cambodia's most significant economic drivers, requires adequate transport infrastructure. The large-scale infrastructure projects such as airports and railway systems can accommodate the increasing numbers of tourists, reducing entry barriers and boosting local economies.

One of the most significant projects underway is the construction of an expressway between Phnom Penh and Bavet, which will be funded by the China Development Bank. The project is set to begin by mid-2023, and upon completion, will reduce travel time from three hours to just 45 minutes. The expressway will span over 160 kilometres and will connect Cambodia's capital, Phnom Penh, to Bavet, a smaller town on the Cambodian-Vietnamese border.

Overall, the construction of an expressway between Phnom Penh and Bavet represents a positive step toward renewing and upgrading Cambodia's infrastructure. Its completion will bring much-needed development to its transport infrastructure, creating job opportunities, promoting economic growth, and attracting foreign investment from Vietnam.

In addition to the expressway, Cambodia is also working to build its first high-speed railway, which is expected to span over 250 km and connect Phnom Penh to the coastal city of Sihanoukville. Construction is expected to begin in 2023 and be completed by 2028. The railway will promote trade, tourism, and economic development in Cambodia.

The railway's development will offer people faster and more reliable travel between Phnom Penh and Sihanoukville. The high-speed railway will pave the way for improved business operations and logistics by reducing the cost and time of logistics and cutting down on inefficiencies.

Furthermore, the railway project is expected to enlarge the tourism industry in Cambodia by providing faster and more comfortable travel. Once complete, tourists will find it easier to explore Cambodia, enhancing the country's attractiveness to tourists seeking new adventures.

The high-speed railway project is a massive investment for Cambodia, and its development has drawn interest and funding from various countries such as Japan, South Korea, and China. There is no denying that the railway project requires significant investment, but its completion would be a significant achievement and a steppingstone for Cambodia's future economic growth and development.

Moreover, the Chinese-backed expressway connecting the capital city Phnom Penh to Sihanoukville has seen millions of vehicles traveling on it already. The expressway has greatly reduced travel times, making it possible to travel between Phnom Penh and the coast within 2-3 hours.

The project also showcases the expansion of the relationships between China and Cambodia, which can support better trade relations and provide a platform for future investments. The partnership with China has had a positive impact on the project, helping to address key development goals such as improving transport connectivity, reducing poverty, and enabling trade between participating Countries.

Cambodia is also undergoing changes to its air infrastructure, with the construction of several new international airports. All of these will enable travellers to move between different parts of the country more quickly and conveniently, and fly directly to those locations, internationally.

Siem Reap Angkor International Airport will complete soon, enabling travellers from around the world to visit Cambodia’s renowned Angkor temples. The Techo Takhmao International Airport which will serve as the main airport for Phnom Penh is set to become much more of a South East Asian travel hub than the current airport. The additional airports of Koh Rong and Dara Sakor will open up access to the Southern coast even more, really making travel to different locations within the country far more accessible than is the current situation.

The development of these four airports represents a major step forward for Cambodia's economy and its citizens alike as it improves access to essential services such as transportation between different parts of the country and facilitates increased foreign investment opportunity that could help contribute towards national development goals.

With the construction of new transport infrastructure in Cambodia, attain+ is well-positioned to help investors take advantage of the country’s growing economy. Our expertise in feasibility studies, business planning, masterplanning, concept design and investor pitching makes us the perfect partner for investors looking to benefit from the new opportunities offered by increasing transport links across the country.

By working with attain+, investors can be confident that their projects will be managed professionally and efficiently, from start to finish. The future looks bright for Cambodia and attain+ will play an important role in helping investors reap the benefits of these exciting new developments.