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Kingdom’s road infrastructure pressured by increased car sales


geovalin

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Rising incomes are driving the growth of new and used car sales in the Kingdom, putting pressure on the Kingdom’s limited road infrastructure, an industry specialist said yesterday. Peter Brongers, president of the Cambodia Automotive Industry Federation (CAIF), said imports of new and used vehicles grew by over 10 per cent last year to 55,000, and can be expected to increase another 10 per cent in the coming year.

“Cambodians are getting wealthier and more and more can afford cars,” he said. “There is also the fear that if they wait too long the prices will go up.” Brongers said the rapid growth of car ownership is putting a strain on the country’s road network, which has the government scrambling to raise funds to develop the lagging infrastructure.

read more: http://www.phnompenhpost.com/business/kingdoms-road-infrastructure-pressured-increased-car-sales

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