The Chinese government has allocated funds worth around €41.2 million (CN¥300 million) for a project to upgrade the Phnom Penh – Poipet railway line to a 160 km/h standard-gauge electrified line. In January 2023, the China Road and Bridge Corp (CRBC) presented a feasibility study on the project. The Cambodian government has since confirmed that it is seeking a build-operate-transfer agreement with China for the project in which the debt incurred would be repaid through revenues generated by the railway line.
