Cambodia & Thailand Sign MOU to Strengthen Bilateral Logistics Capacity

The Ministry of Public Works and Transport of Cambodia and the National Council for Economic Development of the Kingdom of Thailand have signed a Memorandum of Understanding to strengthen the logistics sector for both countries.

The ceremony was held on 19 July 2022, in the presence of the Secretary of State of the Ministry of Public Works and Transport of Cambodia, Lok Chumteav Koy Sodany, and Mr. Danucha Pichayanan, Secretary General of the NESDC.

This MOU is for cooperation in three main areas, including:

  1. The policy framework level includes the logistics policy, the legal and regulatory framework, the institutional framework, the coordination and decision-making mechanism, the implementation process, policy monitoring, and evaluation.
  2. Logistics indicators and systems include logistics costs per GDP and the Logistics Performance Index (LPI).
  3. Support each other in strengthening the institutional capacity and capacity of stakeholders in the field of logistics.

The two sides discussed and shared the implementation of policies on the development of the logistics sector, including the establishment of policies for the development of transport infrastructure and logistics as a priority and the most important sector for economic and social development.

Previously, the World Bank (WB) recommended key short and long-term policy measures to reduce national logistics costs and address weak links in the supply chain in Cambodia. (Read more and more)

 

- Video Advertisement -

Related Post

The rapid progress of riverbank construction in Kampong Cham has reached 65%

In a remarkable display of swift action and engineering prowess, the construction of a vital riverbank in the Srey Santhor district has surged ahead, reaching an impressive 65% completion in under a month. The Moan Dob Leu village project, Meanchey commune, commenced on December 23, 2024, following the alarming collapse of the Mekong River bank […]

Kampong Cham Province Achieved Significant Infrastructure Development in 2024

In a remarkable stride towards improving its infrastructure, Kampong Cham Province has completed over 119 kilometers of road construction in 2024. This achievement was announced by HE Un Chanda, the Governor of Kampong Cham Province, during a press conference. During the year 2024 alone, the province welcomed 27 projects aimed at developing DBST (Dense Bituminous […]

Major Progress Made on Flood Prevention in Western Phnom Penh

In a significant step towards mitigating flooding in western Phnom Penh, the ambitious drainage and drainage system restoration project has reached a milestone, now standing at 50.50% completion as of January 5, 2025. This essential infrastructure initiative, spearheaded by the General Department of Wastewater Treatment System under the Ministry of Public Works and Transport, aims […]

National Road 7 Expansion Project Progresses, Reaches 28.76% Completion

In a significant step towards enhancing Cambodia’s infrastructure, the ambitious project to restore and expand National Road No. 7 has reached an impressive 28.76% completion as of early January 2025. This major development was confirmed during a thorough inspection led by HE Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, […]

Progress Report: National Road No. 48 Restoration Nears Completion

The restoration and upgrade of National Road No. 48, stretching 148 kilometers from Sre Ambel to Koh Kong, has reached an impressive 78% completion as of the beginning of 2025, according to a statement from HE Phorn Rim, Spokesman of the Ministry of Public Works and Transport. The ambitious project, which commenced on January 3, […]

Major Infrastructure Development Takes Shape in Kandal Province

The China Road and Bridge Corporation (CRBC) is swiftly constructing a temporary steel bridge in Kandal province to facilitate drilling for a vital clay-stone bridge. HE Phorn Rim, the Ministry of Public Works and Transport spokesman, confirmed that this project aims to improve connectivity between the eastern outskirts of Phnom Penh and Xi Jinping Boulevard. […]