Phnom Penh Autonomous Port nets $34 million in 10 months

Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $34.47 million in the January to October period in 2024, a rise of 18 percent compared to the same period last year, according to a recent report it filed with the Cambodia Securities Exchange (CSX). ...

Manoj Mathew
https://www.khmertimeskh.com/501593980/phnom-penh-autonomous-port-nets-34-million-in-10-months/

Sun Chanthol boasts Funan Techo Canal benefits to US investors, stresses that ‘freedom of expression has improved’

Senior government official Sun Chanthol highlighted the potential of the recent groundbreaking of the $1.7 billion Funan Techo Canal project to U.S investors that can benefit Cambodia’s economy. He also said freedom of expression in the country has improved, contrary to the views of civil society ...

Khuon Narim and Tang Porgech
https://cambojanews.com/sun-chanthol-boasts-funan-techo-canal-benefits-to-us-investors-stresses-that-freedom-of-expression-has-improved/

Lands along FTC route under assessment

Deputy Prime Minister Sun Chanthol, First Vice-Chairman of the Council for the Development of Cambodia, said that a working group has been surveying the land affected by the Funan Techo Canal megaproject, noting that it will take at least six months to a year to ...

Torn Vibol
https://www.khmertimeskh.com/501569791/lands-along-ftc-route-under-assessment/

Funan canal activity silent a month after groundbreaking; ministries start interviewing residents

A month after groundbreaking, the $1.7 billion Funan Techo Canal has not seen construction yet, although the relevant ministries have commenced interviews with affected people, likely in relation to compensation, but there is no further information on it so far. ...

Seoung Nimol and Tang Porgech
https://cambojanews.com/funan-canal-activity-silent-a-month-after-groundbreaking-ministries-start-interviewing-residents/

Funan Techo Canal breaks ground with hopes of economic success; affected people promised compensation

Cambodia witnessed the groundbreaking of the $1.7 billion Funan Techo Canal in Kandal province aimed at boosting the economy via water transportation, with Prime Minister Hun Manet pledging to resolve public concerns over any loss of territory sovereignty. ...

Khuon Narim, Seoung Nimol, and Tang Porgech
https://cambojanews.com/funan-techo-canal-breaks-ground-with-hopes-of-economic-success-affected-people-promised-compensation/

Pornmoniroth calls for review of river port management

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) Tuesday called on the Economic and Financial Policy Committee (EFPC) to develop a management framework for the river port, connecting the river transport system with the sea. ...

Nhean Chamrong
https://www.khmertimeskh.com/501524645/pornmoniroth-calls-for-review-of-river-port-management/

PM: Funan Techo Canal groundbreaking set for August 5

Prime Minister Hun Manet announced that the groundbreaking for the Funan Techo Canal is set for August 5, noting that 51 per cent of the investment in the project will come from Cambodian financiers. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-funan-techo-canal-groundbreaking-set-for-august-5-

Committed to fairness: Govt working out compensation to those affected by Funan Techo Canal project

A senior government official in charge of investment in Cambodia said on Friday that while the impacts of the Funan Techo Canal construction on local residents are inevitable, the government is planning fair compensation and resettlement with a similar approach taken with the Phnom Penh-Sihanoukville ...

Taing Rinith
https://www.khmertimeskh.com/501483336/committed-to-fairness-govt-working-out-compensation-to-those-affected-by-funan-techo-canal-project/

PPAP revenue rise to $8m, all round growth in Q1’24

Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124

PAS profits jump 45 percent in one year

The Sihanoukville Autonomous Port (PAS), the only international deep-sea port of Cambodia, yesterday, reported a net profit of KHR 121.96 billion for last year, a surge of KHR 37.81 billion or 44.93 percent compared to 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501466079/pas-profits-jump-45-percent-in-one-year/

Transport Minister: Funan Techo Canal Project to Begin Construction in Late 2024

The Tonle Bassac Navigation Road and Logistics System Project, commonly known as the “Funan Techo Canal” project, is scheduled to conduct a groundbreaking ceremony in the fourth quarter of 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425184/transport-minister-funan-techo-canal-project-to-begin-construction-in-late-2024/

PPAP’s jan-june revenue down 19%

Phnom Penh Autonomous Port (PPAP) saw a one percent year-on-year (YOY) uplift in revenue for the month of June, coming in at $3.6 million following a continued decline in the first five months of the year. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-jan-june-revenue-down-19

Inter-ministerial commission formed to oversee canal project

The government has established an inter-ministerial commission to implement the long anticipated Bassac-Kep river navigation and logistics system, a first-of-its-kind waterway transportation project in Cambodia which has been named the “Funan Techo Canal”. ...

Sok Raksa
https://www.phnompenhpost.com/national/inter-ministerial-commission-formed-oversee-canal-project

Cabinet approves $1.7B Tonle Bassac project

The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...

Kang Sothear
https://www.khmertimeskh.com/501294139/cabinet-approves-1-7b-tonle-bassac-project/

Chinese firm wins deal to build 3rd largest port in Cambodia

China Harbour Engineering Company Ltd. (CHEC) on Friday secured a contract from a Cambodian firm to construct a multi-purpose seaport in southwestern Cambodia’s Kampot province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501285273/chinese-firm-wins-deal-to-build-3rd-largest-port-in-cambodia/

Koh Kong’s first int’l seaport set for launch

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Hin Pisei
https://www.phnompenhpost.com/business/koh-kongs-first-intl-seaport-set-launch

Construction contract inked for $1.5B Kampot port

Kampot Logistics and Port Co Ltd (KLP) on May 5 signed a construction contract with Chinese state-backed China Harbour Engineering Co Ltd (CHEC) for a $1.5 billion multi-purpose port in Kampot province’s Bokor town. ...

Post Staffs
https://www.phnompenhpost.com/national/construction-contract-inked-15b-kampot-port

Hopes high for Kampong Chhnang logistics hub

Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub

Bassac-Kampot waterway study to be completed soon

Goods transportation via the Tonle Bassac river to Kampot province’s seaport will boost Cambodia’s inland waterway transport sector on the international stage and bring greater benefits to the national economy as a feasibility study on the project will be soon completed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501249576/bassac-kampot-waterway-study-to-be-completed-soon/

No issues with Bassac-Kampot seaport project: study

The feasibility study of a navigation and logistics project to link the Bassac River in Phnom Penh to a “seaport” in the Kampot-Kep region shows that there are no technical, environmental or legal issues, according to the transport ministry. ...

Van Socheata
https://www.phnompenhpost.com/business/no-issues-bassac-kampot-seaport-project-study

Bassac sea link needs just one new canal: Chanthol

The completion of a proposed waterway link from the Bassac River to a “seaport” in the Kampot-Kep region will require the excavation of just one new canal, around 7km long, according to Minister of Public Works and Transport Sun Chanthol. ...

Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-needs-just-one-new-canal-chanthol

Bassac sea-link to reach Kampot seaport: ministry

A key study on a proposed waterway link from the Bassac River to the sea in the Kampot-Kep region has been completed, the transport ministry reported, revealing plans for the project to connect to a “seaport” in Kampot province, igniting hopes for a solid pop ...

Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-reach-kampot-seaport-ministry

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