US$200 million SHV Port Expansion Project in Bidding Stage; Construction to Begin in 2022

The Sihanoukville deep-sea port expansion project phase 1 is now in the bidding for contractor stage after the layout design has been finally completed with the construction expected to begin in 2022.

HE Lou Kim Chhon, Director General of Sihanoukville Autonomous Port, said on 30 November that if construction starts in 2022 as planned, the completion will be in 2025.

According to the initial plan, the first phase should have started in 2021, but the working team had made some changes to the design layout, which caused the delay.

The port expansion project has a total of five phases. In the first phase, Japan will provide a loan of US$200 million to expand the port depth to 14.5m and length to 350m. (Read more)

Upon completion of the first phase, the port can accommodate large container vessels with a capacity of up to 60,000 tons, or 93% of the total number of vessels in the Asia-Pacific region.

In the meantime, the Cambodian government is also opening opportunities for development partners to study the second and third phases by expanding the depth to 16m and 17.5m respectively. According to HE Sun Chanthol, JICA is also studying these phases.

In the long term, the government will also expand the port to 18.5m and 19m in the fourth and fifth phases.

 

- Video Advertisement -

Related Post

Cambodia Inaugurates New National Assembly Administration Building with Vietnamese Support

Cambodia has officially inaugurated a state-of-the-art National Assembly administration building, thanks to a generous aid package of $25 million from Vietnam. The inauguration ceremony took place on November 21, 2024, with prominent figures in attendance, including Samdech Khuon Sodary, President of the National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]

Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]

Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri

China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]

Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector

Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]

ARK Electronics Group Unveils USD1.3 Billion AI driven Industrial Park Project in Kampong Speu

ARK Electronics Group, a leading Chinese company, has announced an ambitious USD1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu Province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK […]