Construction of Chinese financed Phnom Penh container terminal begins

A NEW container terminal at Cambodian's Phnom Penh Autonomous Port, to be built with Chinese government's US$28.2 million concessional loan, recently held ground-breaking ceremony, Xinhua reports.


The terminal is located on the Mekong River 30 kilometres east of Phnom Penh city. It will have two 300-metre-long and 22-metre-wide quay with four 5,000-tonne berths, and a 10-hectare stacking yard. It will be able to handle 120,000 TEU a year. Construction will be done by Shanghai Construction Group and take two and a half years.


Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Pan Guangxue presided the ceremony. Mr Hun said the terminal is a new achievement of numerous ones under bilateral cooperation between Cambodia and China and expressed thanks to China for its constant financial supports to Cambodia.


Mr Hun also said the new terminal will become a main hub for distributing goods across the country that can push the internal integration, international trade and regional trade a step further.


Pan Guangxue said that China is committed to helping Cambodia in all sectors including waterway transportation, roads, bridges, irrigation system, and electricity so as to boost the development of Cambodian economy.
(Source:http://www.schednet.com)