Sihanoukville port on track for stock float
The Sihanoukville Autonomous Port was making every effort to speed up preparations for its listing on the Cambodia Securities Exchange, the port’s chief executive officer, Lou Kim Chhun, said this week. … The company would list 15% of it’s stock to begin with, and would ‘study the situation carefully’ before issuing anymore, Lou said. … About 60% of Cambodia’s exports and imports pass through the port, with the remaining 40% arriving or departing from Phnom Penh or other private ports, Lou said. The main competition to Sihanoukville port come from Vietnamese ports, he said. …
