Cambodia: Hopes High for New Logistics Hub
13:00 JST, March 18, 2023
Locally owned KLP.T Transportation Co.’s new multipurpose port and logistics center just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets.
Formally breaking ground on Jan. 20, the center — set to cost $300 million to $500 million — is located on a 100-hectare site in Kampong Hao commune, Kampong Leng district, Minister of Public Works and Transport Sun Chanthol told the media during a site visit on March 9.
“The multipurpose port project will have many positive effects for the Cambodian economy, such as: firstly, creating jobs for the people; secondly, attracting investors to invest in Cambodia; and thirdly, helping to bring products abroad.
“The national economy will grow thanks to the private sector’s involvement, including this, the construction of a multipurpose port in Kampong Chhnang Province,” he said.
Although the minister assured that KLP.T Transportation wants to “build quickly” and that the project would be “completed soon,” he asked the company to cooperate with the authorities to ensure the development is in line with legal and other standards.
A company representative commented that the center would provide a leg up to inland water freight transportation as well as exports, thereby fueling economic growth, while doing its part to reduce road traffic.
Company plans show that fuel storage facilities, tourist attractions, industrial parks and special economic zones will accompany the project.
Logistics and Supply Chain Business Association in Cambodia President Chea Chandara commented to The Post on March 9 that the government’s transportation diversification initiatives have yielded positive results for economic growth.
“Multipurpose and satellite ports make it easier to transport goods, especially agricultural products,” and considerably increase exports, he said, adding that waterways offer the transportation sector a convenient, low-cost, high-yield alternative to the often congested and riskier national roads.
"World" POPULAR ARTICLE
-
Troops Sent to S. Korea Election Commission HQ During Martial Law; Election Fraud Verification Claimed as Motive
-
China Expanding Influence in Global South, Japan Report Says; Highlights Dangers of China Building Military Base in Mideast
-
Narges Mohammadi, Nobel Laureate Out from Tehran Prison for Treatment, Vows to Fight on for Women’s Rights
-
Peace in Ukraine Hinges on NATO Membership, Says Kyiv’s Ex-foreign Minister Dmytro Kuleba
-
40-Year-Old Chinese Man Indicted on Murder Charges in Deadly Attack on Japanese Student at International School
JN ACCESS RANKING
- China’s New Energy Vehicles Dominating Domestic Market; Japanese, European Automakers Losing Ground
- New Energy Plan Reflects Fear of Reduced Competitiveness; Japan Concerned About Exclusion From Supply Chains
- Prehistoric Stone Tool Cut Out of Coral Reef and Taken Away in Kyushu island; Artifact was Believed to Have Been Dropped in Sea During Prehistoric Jomon Period
- Record 320 School Staff Punished for Sex Offenses in Japan
- Miho Nakayama, Japanese Actress and Singer, Found Dead at Her Tokyo Residence; She was 54 (UPDATE 1)