Road from Hell ? 20Kms Between Kampot and Sihanoukville

newkidontheblock · Post by **newkidontheblock** » Sun Sep 11, 2022 11:16 pm

Jerry Atrick wrote:The USA has an external debt of $7.04 Trillion with $908B held by China and another $1.21t held by their old allies; Japan

Let Cambodia worry about their own arrangements; clearly the USA is not in a better position

Thanks for the USA bashing. Now you can also say that politics in the US (and the West in general) is so so much dirtier and corrupt than Cambodia.

The US issues debt as Treasury Bills, publicly issued bonds that need to be paid back (mature) over a period of X number of years. Anyway can buy (and sell) them. It’s publicly traded and provides liquidity to the capital markets.

Not secretly owed debt between two countries that no one knows about. Until one country calls in the chips and turns the other into a vassal state.

China holds less US debt than Japan. China holds almost 50% of Cambodian debt (that we know of). So how is the US in a much worse position than Cambodia?

John Bingham · Post by **John Bingham** » Sun Sep 11, 2022 11:30 pm

newkidontheblock wrote: ↑Sun Sep 11, 2022 11:16 pm Not secretly owed debt between two countries that no one knows about. Until one country calls in the chips and turns the other into a vassal state.

Yeah, like you can count the times that has happened on more than one digit. Give Taiwan back to China and all will be well.

AndyKK · Post by **AndyKK** » Mon Sep 12, 2022 2:14 am

Many roads are in a state of relaying nevermind repairs. Red dirt roads in the north at least get plained level.
The answer is down to greed and corruption, the company who got the contract, whoever that may be. Maybe some of them try to keep cost down (greed), or they got their budget wrong from the start. Buying the material's, from the Khmer, inflatable pricing, also the wrong material's for the job, (corrupted), but both parties involved want to make money, the way to sort it is have trained authorities in place for both parties.
Thing is I feel like there is no after care.

phuketrichard · Post by **phuketrichard** » Mon Sep 12, 2022 6:51 am

how does a thread go from a BAD road in Cambodia an Cambodian needs borrow money from China to fix it.
to the the US?

Come on guys

They do a shitty job building roads here>>>>

cautious colin · Post by **cautious colin** » Mon Sep 12, 2022 7:48 am

Jerry Atrick wrote: ↑Sun Sep 11, 2022 2:13 pm
phuketrichard wrote: ↑Sun Sep 11, 2022 2:04 pm

"....Cambodia's outstanding external debt reached more than $9.18 billion (with China accounting for more than 43 percent) as of the first half of 2021 and is expected to reach more than $10 billion by the year's end, an increase from $8.8 billion at the end of 2020."
The USA has an external debt of $7.04 Trillion with $908B held by China and another $1.21t held by their old allies; Japan

Let Cambodia worry about their own arrangements; clearly the USA is not in a better position

US is in a better position. The external debt is a lower % of gdp, and it is less reliant one one country.

Anyway, I wonder what the interest rate is on the debt. Sri Lanka pays at around 6.2%

Doc67 · Post by **Doc67** » Mon Sep 12, 2022 9:53 am

Cambodia is trying to sell $300 in sovereign bonds starting this month. Maybe that will be set aside for improving the roads. Or maybe not.
https://www.bangkokpost.com/business/23 ... -september

They gladly accept all those stupid fucking Chinese cars for the army to swan around in, all the while the place is falling apart, literally.

SlowJoe · Post by **SlowJoe** » Mon Sep 12, 2022 2:04 pm

phuketrichard wrote: ↑Mon Sep 12, 2022 6:51 am
They do a shitty job building roads here>>>>

Lol, they do a shitty job of building everything here...

phuketrichard · Post by **phuketrichard** » Mon Sep 12, 2022 3:13 pm

SlowJoe wrote: ↑Mon Sep 12, 2022 2:04 pm
phuketrichard wrote: ↑Mon Sep 12, 2022 6:51 am
They do a shitty job building roads here>>>>
Lol, they do a shitty job of building everything here...

after my house build in Kep, 100% agree
BUT they do a great job building walls

John Bingham · Post by **John Bingham** » Mon Sep 12, 2022 3:45 pm

There are loads of much improved roads all over the country, and some fantastic huge new ring roads with giant overpasses are being built all around the capital. Of course none of this matters to some posters because there's a muddy patch between Kampot and Sihanoukville.

rogerrabbit · Post by **rogerrabbit** » Mon Sep 12, 2022 3:57 pm

John Bingham wrote: ↑Mon Sep 12, 2022 3:45 pm There are loads of much improved roads all over the country, and some fantastic huge new ring roads with giant overpasses are being built all around the capital. Of course none of this matters to some posters because there's a muddy patch between Kampot and Sihanoukville.

Yep, the officials from ministry have started take more interest and care of the quality of the rods built now days. The new expressway quality is monitored by Malaysian company and I think the ring road 3 is monitored by Singaporean company. And young khmer engineers following these guys close by and learning the process. Earlier they contracted some company to do the work and then in the end had their opening ceremonies. No quality control at all.

Road from Hell ? 20Kms Between Kampot and Sihanoukville

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