PHNOM PENH: Cambodia has planned a budget of more than US$200 million to complete the construction of a border ring road within 10 years, the country's Prime Minister Hun Manet said on Thursday (Sept 5), reported Xinhua.
The country shares borders with Vietnam, Laos and Thailand.
"So far, we have constructed a border ring road in the length of around 1,300km, or about 50 per cent of the total length," he said in a speech during the graduation ceremony of lawyers at the Bar Association of Cambodia.
"We have planned to complete the construction of the remaining section within 10 years at the cost of more than US$200 million," he added.
Hun Manet launched on Aug 26 the Border Infrastructure Development Fund (BIDF), aimed at raising additional funds to enhance infrastructure along the country's borders, with a prioritised focus on the construction of the border ring road.
He said to date, almost 400,000 people have donated money to the BIDF, and that the fundraising is still going on.
"I would like to express my profound gratitude to our compatriots inside and outside the country for giving strong support to this foundation," he said. - Bernama-Xinhua