Phnom Penh Autonomous Port Sees Record Container Traffic in 2024

• 14 November 2024
• Local News
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In a remarkable achievement, the Phnom Penh Autonomous Port reported receiving over 401,000 TEUs (Twenty-foot Equivalent Units) of containers in the first ten months of 2024, marking a nearly 20% increase compared to the same period last year. This significant growth reflects the port’s continuous expansion and increasing role in Cambodia’s logistics sector.

According to an update on the port’s official Facebook page, for October alone, the Phnom Penh Autonomous Port handled 35,264 TEUs, representing a 17.75% rise from October 2023. The cumulative figures illustrate the port’s robust performance amid challenging global economic conditions.

In terms of revenue, the port generated more than USD27 million during the first eight months of 2024, reflecting over a 15% increase from the previous year. Revenue sources included more than USD22 million from port operations, over USD3 million from port authorities, and additional income from various services offered by the port. (Read more) 

The Phnom Penh Autonomous Port continues to play a vital role in enhancing Cambodia’s trade capabilities and connectivity, further solidifying its position as a key player in the region’s maritime logistics.

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• Economy and Finance