Gov’t Urges Development Partners to Invest in over 300 Logistic Projects in Cambodia

• 4 December 2020
• Local News
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The Cambodian government has urged all development partners to invest in over 300 logistic projects in Cambodia, while the logistic master plan prepared by the Ministry of Public Works and Transport (MPWT) is being finalised.

MPWT Minister HE Sun Chanthol made the announcement in his speech during the video conference of the 11th International Infrastructure Investment and Construction Forum on 02 December. (Read more)

“We are in the process of finalising the inter-model transport connectivity and logistic system. Over 300 logistic projects have been identified. Therefore, we urge development partners to participate in the financing and investing in these projects,” said HE Sun Chanthol.

He added that the masterplan aims to make Cambodian become a regional logistic hub in the near future.

The minister also said that none of the infrastructure development in Cambodia is delayed due to the pandemic.

“COVID-19 has brought uncertainty to many countries. Some governments even shut down businesses, causing delays to many infrastructure projects. However, in Cambodia, all 10 major road construction projects, two airports, and one major bridge are being built without delay,” said HE Sun.

“We also have a number of new roads, a bridge, and a deep seaport under studied,” he added.

In the speech, HE Sun Chanthol also stated that infrastructure development is a crucial strategy to boost economic growth. He also expressed sincere thanks to all funding partners, including China, Japan, Korea, the World Bank, the ADB, and others who always support Cambodia. (Read more)

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