Cambodia to speed up Phnom Penh port expansion with infrastructure
CAMBODIA has pushed forwards the start date of the multi-million dollar second phase expansion of the container terminal run by Phnom Penh Autonomous Port (PPAP).
This is accompanied by plans to double capacity, with volumes expected to grow to 160,000 TEU this year, up from 145,000 TEU last year.
The second phase development is scheduled for completion next year. A third phase is already in the pipeline to boost the port's capacity to 500,000 TEU by 2028, reported Singapore's Splash 24/7.
Prime Minister Hun Sen said Cambodia needs to rapidly increase investment in its road, rail, sea and air transportation networks if it is to take advantage of regional integration and remain internationally competitive.
The government will develop a public-private partnership policy to help fund the country's massive infrastructure and logistics requirements. There are also plans to build new railway lines, linking neighbours Vietnam and Thailand, and to improve navigation along the kingdom's inland waterways.
CAMBODIA has pushed forwards the start date of the multi-million dollar second phase expansion of the container terminal run by Phnom Penh Autonomous Port (PPAP).
This is accompanied by plans to double capacity, with volumes expected to grow to 160,000 TEU this year, up from 145,000 TEU last year.
The second phase development is scheduled for completion next year. A third phase is already in the pipeline to boost the port's capacity to 500,000 TEU by 2028, reported Singapore's Splash 24/7.
Prime Minister Hun Sen said Cambodia needs to rapidly increase investment in its road, rail, sea and air transportation networks if it is to take advantage of regional integration and remain internationally competitive.
The government will develop a public-private partnership policy to help fund the country's massive infrastructure and logistics requirements. There are also plans to build new railway lines, linking neighbours Vietnam and Thailand, and to improve navigation along the kingdom's inland waterways.