Tuesday, 19 February 2008

ADB aids Cambodian rail restoration

ABC, Radio Australia

The Asian Development Bank has launched a multi-million-dollar project to restore Cambodia's war ravaged railway system.

The ADB's president, Haruhiko Kuroda, says it's one of the last steps in the creation of a regional railway that will stretch from Singapore to Beijing.

Around 600 kilometres of track destroyed during Cambodia's long running civil war will be rebuilt at a cost of $US42 million.

While in Phnom Penh, the ADB president has also signed an $82.7 million grant and loan package for education, rural development, and reform of the financial system.

More than $12 million of the total is being provided by Australia.

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