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Cambodian Government Declares No Public Funding for Funan Techo Canal Project

PHNOM PENH, April 29, 2024 — Prime Minister Hun Manet announced today that the Royal Government of Cambodia will not solicit public donations for the construction of the Funan Techo Canal project. This declaration was made during a gathering with over 5,000 members of informal economic unions and academic staff associations at the Chroy Changvar International Convention and Exhibition Centre, in celebration of the 138th Anniversary of International Labour Day.

Prime Minister Manet expressed gratitude towards the Cambodian populace for their spiritual and moral support for the project, which is touted to significantly benefit the nation's economy. He emphasized that the government has already allocated a budget for the canal's construction, ensuring no need for additional funds from citizens, even in the absence of foreign investment.

Reiterating his dedication to continuing the vision of former Prime Minister Hun Sen, Hun Manet addressed the project's importance not just to his family but to all Cambodians. He also called upon exiled opposition leader, Mr. Sam Rainsy, to prioritize national interests over political opposition.

The Funan Techo Canal, estimated to cost around US$1.7 billion, is set to enhance Cambodia’s waterway connections between various rivers and the sea, crossing through the provinces of Kandal, Takeo, Kampot, and Kep. The project, expected to commence by the end of 2024, is designed to alleviate the pressure of heavy road transport, promote regional connectivity, and streamline transport via water routes.

China Road and Bridge Corporation has been tasked with the construction of the 180-kilometer canal, which promises to connect the Prek Takeo of the Mekong River through several provinces to Kep.

The Ministry of Public Works and Transport highlighted that the canal would bolster internal integration and expand international transport links, making transport by water significantly more efficient.

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