Ports to Be Better Regulated Under New Law

The government is drafting a new law that will aim at improving auditing standards and management practices at all of Cambodia’s ports on the coast and rivers and at dry ports inland, officials said yesterday. Speaking at a workshop on port regulation in Phnom Penh, Minister of Public Works and Transport Tram Iv Tek said that public work officials and the Japan International Cooperation Agency had begun drafting the law in 2009 in order to improve statistical reporting and transparency at the country’s ports. The drafting of the new law comes as Sihanoukville Autonomous Port is readying itself to list on Cambodia’s newly launched stock exchange.