Possible benefits for Cambodia in Mekong Region trade
Cambodia could benefit more from trade in the Greater Mekong Subregion (GMS) by implementing time and cost, cutting measures and removing constraints on exports, according to a new book by the Asian Development Bank. … During a media briefing yesterday, Brimble [senior country economist and author of one of the book chapters] said logistics costs in Cambodia were high compared to other countries in the region. Using the GMS Southern Economic Corridor, which links Bangkok, Phnom Penh and Ho Chi Minh City, as a case study, he identified factors contributing to higher costs and delays in cross-border trade. According to the news release, transport costs in Cambodia are US$9 per tonne per 100 kilometer from Bangkok to Phnom Penh and $13 per tonne per 100 kilometers from Phnom Penh to Ho Chi Minh City, compared to $6 in Thailand and $7 in Vietnam. …
