Tonle Bassac-Kep Waterway and Logistics Initiative named “Prek Chek Funan Techo Project”, costs US$1.7B

The visionary Tonle Bassac-Kep Waterway and Logistics Project, now officially named the “Prek Chek Funan Techo Project,” has received the resounding approval of the Council of Ministers. During a momentous meeting chaired by Samdech Techo Hun Sen, the esteemed Prime Minister of the Kingdom of Cambodia on 19 May, the council provided valuable recommendations that culminated in the project’s new name. H.E Phay Siphan, a spokesperson for the Royal Government of Cambodia, shared this significant development on Facebook.

The Prek Chek Funan Techo Project, estimated to cost approximately US$1.7 billion, is slated to span four years, as outlined in the report by the Inter-Ministerial Commission responsible for its study and implementation. Extensive research conducted over two years, spearheaded by notable companies such as China Bridge and Road Corporation (CRBC) and CCCC Water Transport Consultant, has laid the foundation for this transformative endeavor.

Envisioned as an innovative waterway system, the project is set to cover a distance of approximately 180 kilometers. Its strategic trajectory begins at the Takeo Canal of the Mekong River, meandering through the Ta Ek Canal of the Bassac River, and subsequently merging with the Ta Hing Canal of the Bassac River in Koh Thom district. Finally, it will extend to the breathtaking coastal landscapes of Kep province, traversing four additional provinces along the way—Kandal, Takeo, Kampot, and Kep.

The new waterway promises to revolutionize regional logistics by reducing distances by more than 69 kilometers compared to the existing route along the Bassac River, which connects Phnom Penh Port to Vietnam Port. Moreover, it will shorten the distance by approximately 135 kilometers from Phnom Penh Autonomous Port to Kampot Port. Such streamlined connectivity not only enhances trade and commerce but also strengthens economic ties between Cambodia and neighboring countries. (Read more and more)

As the “Prek Chek Funan Techo Project” commences its transformative journey, Cambodia embraces a new era of waterway infrastructure. With its immense potential to stimulate economic growth, bolster trade, and enhance regional connectivity, this visionary initiative sets the stage for Cambodia’s continued progress on the global stage.

- Video Advertisement -

Related Post

The Sihanoukville multi-purpose economic zone development project aims to attract over USD 20 billion in investments

Sihanoukville, Cambodia – In a bold stride towards economic transformation, the Cambodian government is setting its sights on the Sihanoukville multi-purpose economic zone development project, which is anticipated to attract over $20 billion in investments from both private sector investors and international development partners over the next 15 years. Mr. Chea Kok Hong, Director of […]

Darasakor International Airport Opens Its Doors in Koh Kong

Koh Kong Province has marked a significant milestone with the grand opening of Darasakor International Airport on December 26, 2024. This $200 million investment, overseen by the Chinese company Union Development Group, represents a major advancement in Cambodia’s aviation sector and is set to transform travel in the region. The airport officially welcomed its first […]

Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City

The Kampong Cham City Garbage Disposal Site, covering an area of 18.67 hectares in Koh Roka Village, Koh Roka Commune, Kampong Siem District, Kampong Cham Province, has been officially inaugurated. This ceremony took place on December 24, 2024. The landfill is part of the Greater Mekong Subregion Corridor Development Project, Phase 4, funded by a […]

ADB Invests USD 403 Million in Six Key Projects for Cambodia

In a significant boost for Cambodia, the Asian Development Bank (ADB) has approved USD 403 million in loans and grants for six major development projects in 2024. The announcement, made by ADB Country Director Ms Jyotsana Varma during a signing ceremony on December 17, emphasizes the strengthened partnership between ADB and Cambodia under the new […]

The new road connecting NR No. 4 to Bokor Mountain has completed 7 km of concrete pouring work

The construction of a new 61-kilometre road connecting National Road No. 4 to Bokor Mountain is currently underway, with 7 kilometres of concrete pouring completed as of December 19, 2024. This update was posted on the official Facebook page of Sokha Real Estate on the afternoon of that date. According to the project plan developed […]

Shangri-La Phnom Penh Sets a New Benchmark in Luxury with $580 Million Investment

A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its $580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivalled comfort and sophistication. The hotel held its temporary inauguration on 15 December […]