Third Ring Road Project When completed, the 4th Ring Road will be built immediately

Following the news of the state building large projects, real estate prices, especially land, have risen steadily. Apparently, like this third city ring, from the news that construction until the beginning of the construction site and continue to be currently under construction, some investors are also highly valued. But so far, what percentage of the Ministry of Public Works and Transport has completed the construction of the third ring road? While a large number of investors are looking forward to the road to the construction of the fourth ring road.

According to the Ministry of Information, as of mid-January 2022, the construction of the third ring road connecting Cambodia's main national roads with funding from the Chinese government has reached almost 70% and is scheduled to be completed by the end. This year 2022.

At the same time, Mr. Heang Sotheayut, spokesman for the Ministry of Public Works and Transport, said that the project to build a road with a length of 53 km will play an important role in reducing traffic congestion and accidents in Phnom Penh. Help boost national economic growth.

Meanwhile, the fourth ring road project is being studied while the government is raising money to build it. But before the project starts construction, until the third ring road project is completed. As the Senior Minister said: "Today we have the budget to build half a ring," he said. Because on the east side, we have to build a bridge across the Mekong River in Kdei Takuy, we have to build a bridge across the Mekong River in Koh Dach, etc. Only then can we become a full city ring. Therefore, the next step is to build a bridge to build a ring road on the east side of the Mekong River before proceeding to the construction of the fourth ring. This was stated by His Excellency Sun Chanthol, Senior Minister, Minister of Public Works and Transport in the MPWT LIVE SHOW on "Road Infrastructure Achievements from the End of 2018 to the Present and the Plan Continues to 2023" on This August 30, 2021.

Therefore, many experts expect that after the completion of the Third Ring Road project, the construction of the 4th Ring Road will rise and increase the price of land on the 4th Ring Road, especially land in both provinces. 4 that this road project has to go through will increase the price gradually. 

By: Sky Go

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