October 31st 2022, was a historical day as we announced the official listing of the $10 million bond of Royal Railway Plc, a subsidiary of Royal Group.

Currently, we operate passenger and freight trains seven days a week on both lines between Phnom Penh and Poi Pet, and Sihanoukville. Royal Railway also runs container, fuel, cement, rock trains, and passenger trains to Sihanoukville and Battambang.

Royal Railway has invested over $100 million and developed the railway to its current condition since the rail restarted operations in 2010. The freight carrier increased by 34% from 2017 to 2021

The ceremony was attended by H.E Bendith Sapheajar Hean Sahib, Secretary of State of the Ministry of Economy and Finance (MEF); Hong Sokhour, CEO of CSX; Seang Thirith, Deputy Director General of Securities and Exchange Regulator of Cambodia (SERC) and other management teams.

It is a milestone for Royal Railway as the bond will be used for the upgrading works and expansion plans in terms of railway lines, wagons, and locomotives and for modernizing the railway services.

It has always been my goal to see the transformation of the Railway connections as it is an important service to assist in the country’s growth and I am proud that we are now in the right direction. I hope the future convenience of our railway will serve our nation better.