Cambodia Needs Almost US$50 billion to Implement 330 Projects in the Next Decade

Cambodia will need nearly US$50 billion to implement 330 transportation system projects over the next 10 years, according to HE Sun Chanthol, Minister of Public Works and Transport, during a working meeting with a delegation from CMA CGM (Cambodia) Co., Ltd on 14 June 2022.

HE Sun Chanthol said that Cambodia needs to invest nearly US$50 billion to develop about 330 projects in the next 10 years to make Cambodia’s logistics and transportation costs more competitive and contribute to attracting investors to create jobs in Cambodia.

Mr Laurent Olmeta, CEO of Asia-Pacific of CMA CGM, stated that his company wants to strengthen investment cooperation with the Sihanoukville Autonomous Port and Phnom Penh Autonomous Port in terms of port transportation.

The Minister of Public Works also said that in order to speed up the entry-exit procedures at the port and reduce the cost of shipping goods by sea, Cambodia plans an electronic data exchange system (Port EDI) that will be launched soon.

- Video Advertisement -

Related Post

Cambodia Completes Major Expansion of National Road 7 Connecting Skun and Kampong Cham

The $117 million infrastructure upgrade backed by China is set for an official inauguration by Prime Minister Hun Manet in July… The extensive upgrade of National Road 7, stretching over 45 kilometers to connect the hub of Skun with Kampong Cham town, has officially reached 100% completion. To mark this infrastructural milestone, a formal handover […]

Cambodia to Upgrade National Road 4 Section in Chbar Mon to Drive Regional Economic Growth

The Kampong Speu Provincial Administration recently announced a comprehensive infrastructure initiative aimed at upgrading the aesthetics and functionality of a key section of National Road 4 within Chbar Mon City. The project is strategically designed to transform the province into a vital economic and commercial center for the region. This development plan was detailed in […]

Bassac Riverbank Stabilization Project in Kandal Reaches 60% Completion

The ongoing infrastructure initiative to reinforce the Bassac riverbank in Sampov Poun City, Kandal Province, has achieved a significant milestone, with construction teams completing approximately 60% of the designated works. Local authorities and engineering crews remain heavily committed to accelerating the remaining phases to ensure the project concludes entirely on schedule. During a recent field […]

Cambodia and Vietnam Partner to Build Major Drug Rehabilitation Center in Svay Rieng

Cambodia and Vietnam are joining forces to establish an expansive National Drug Treatment and Rehabilitation Center in Svay Rieng Province. The planned facility will cover more than fifty-three hectares of land, marking a significant step forward in bilateral efforts to address substance dependency and long-term recovery. The project advanced further following a strategic meeting on […]

Cambodia Nears Completion of Strategic Border Ring Road in Northeastern Provinces

Funded by the Border Infrastructure Fund, the infrastructure project in Mondulkiri and Ratanakiri achieves over 95% of its construction targets Cambodia’s ambitious infrastructure initiative to establish a continuous border ring road is nearing full completion, with construction teams successfully executing the vast majority of planned developments in Mondulkiri and Ratanakiri provinces. From the commencement of […]

Construction of Bassac River Bridge Linking Chak Angre Krom and Prek Pra Reaches 73% Completion

The construction of the highly anticipated bridge across the Bassac River, connecting Chak Angre Krom to Prek Pra, has achieved a major milestone, reaching 73% completion by the end of May 2026. According to the inspection team on 01 June 2026, led by HE Soung Heng, Secretary of State and Project Director, to monitor the […]