Cambodian Government Advances Waterway Transportation Initiative

• Sommana Yan
• 15 February 2025
• Uncategorized
• 1895 Views

In a significant move to enhance its waterways infrastructure, the Cambodian government is rolling out a new framework aimed at developing and managing river port businesses nationwide. The initiative, spearheaded by HE Aun Pornmonirath, Minister of Economy and Finance and Chairman of the Economic and Financial Policy Committee (EFPC), seeks to bolster the implementation of the Water Transport Law and the “Comprehensive Master Plan for the Intermodal and Logistics System of Cambodia 2023-2033.”

During a recent meeting, officials reviewed progress on the draft law titled “Framework for the Development and Management of River Port Businesses in Cambodia.” This framework is designed to improve both development and investment efficiency within the river transport sector, with a focus on maximizing the utilization of waterways.

Key objectives of the framework include upgrading waterways infrastructure and enhancing port services through modern technologies that can help reduce transportation costs. These improvements are anticipated to support Cambodia’s long-term economic growth while increasing the country’s competitiveness regionally and globally.

The framework consists of two main components: the designation of strategic state ports and the strengthening of legal and institutional frameworks. This includes prioritizing investment strategies, identifying financing sources, and establishing a pipeline for development projects.

Participants at the meeting emphasized the need for clearer language and consistency in the document as the working group prepares for a final draft to be submitted to the Royal Government for review and approval.

As Cambodia moves towards modernizing its transportation infrastructure, this initiative represents a promising step forward in enhancing transport efficiency and operational capabilities throughout the country.

• Policy and Strategy