Transport infrastructure and facilities
Waterways and ports
Japan agrees aid for port expansion
The Japanese government has agreed to help Sihanoukville Autonomous Port (SAP) introduce an electronic system for handling import and export procedures. The Electronic Data Interchange (EDI) system will allow companies to send one another electronic information, replacing the manual method currently in use. The agreement ...
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port, the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) on May 9 for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. SAP priced its shares at the ...
EEC tied to China's One Belt, One Road
The government says the much-touted Eastern Economic Corridor is ready to be an important part of China’s One Belt, One Road initiative, which envisions connectivity between China and Eurasia. Speaking Monday at a seminar entitled “Thailand-Hong Kong-Shanghai Strategic Partnership on One Belt, One Road,” Deputy ...
Water transport to begin operation in early June
Water vehicles will start serving commuters in early June with ships and boats bought from Thailand and Australia, according to Daw Tint Tint Lwin, CEO of Tint Tint Myanmar. The Yangon regional government had promised to implement a water taxi system on the Hlaing River ...
Port to open bidding for B1.3bn container station
The Port Authority of Thailand plans to open bids for a container freight station project worth 1.3 billion baht at Bangkok port, known as Klong Toey port, this year. PAT director-general Sutthinan Hatthawong said bidding will be held to seek a contractor to build the ...
Japan provides $200m loan to Cambodia for new port
The Japanese government has approved a US$200 million loan to Cambodia to build a second deep-sea port in the southwestern coastal city of Sihanoukville, a Cambodian minister said on Saturday. The offer was confirmed when Japanese Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii met ...
Port unveils $200m expansion
Sihanoukville Autonomous Port is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. The expansion is intended to address a surge in the volume of containers passing through the country’s only deep-sea port. The existing container ...
Infrastructure attracts investment to north Việt Nam
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said ...
Major deals signed as Vietnam PM visits
Laos and Vietnam have inked deals worth multi-millions of US dollars during a two-day official visit by Vietnam’s Prime Minister Nguyen Xuan Phuc from April 26-27 that concludes today. The bilateral agreements were signed by respective high ranking officials of both sides in Vientiane yesterday, ...
Cabinet approves direction of seaport project, discusses work plan
The cabinet agreed last week to establish a private-state joint company to develop the Vung Ang project after Vietnam gave a green light to utilise the seaport in its central Ha Tinh province. The agreement was made at the cabinet’s monthly meeting for April, chaired ...
