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DFDL Cambodia Acting on Commercial Close for $1.9 billion Infrastructure Project

DFDL Cambodia acts as local counsel for the commercial close of the proposed Phnom Penh to Sihanoukville Expressway. Under instruction from Hunton & Williams LLP, Guillaume Massin, Clint O’Connell and Cassandra Duffy advised China Road and Bridge Corporation on the public-private partnership and the concession agreement negotiated with the Royal Government of Cambodia. The proposed four-lane expressway will link Cambodia’s capital and the country’s principal seaport, offering shorter and faster travel times between Phnom Penh and Sihanoukville than the existing two-lane 230-kilometre National Road 4. China is expected to cover the cost of the $1.9 billion infrastructure project while recovering its costs through tolls charged on vehicles using the highway under the terms of its BOT concession agreement. Construction is expected to take four years to complete.

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