Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering on the Kingdom’s stock market set for May 31, the company’s sole underwriter said on ...

Mekong survey draws protests

A network of environmentalists is getting ready to protest against a Chinese government survey of the Khon Pi Long rapids in Chiang Rai. The Chinese team on April 18 began its 50-day study of the rapids, which lie along the Mekong River. Environmentalists fear China wants ...

HCM City to begin first river bus route in June

HCM City People’s Committee has called on departments of transport, natural resources and environment and district-level People’s Committees to facilitate the city’s first two river bus routes. The investor, Thuong Nhat Co. Ltd., plans to open the two river bus routes in June. Chairman of the People’s ...

Japan outlines plan to increase river cargo

A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy on April 4. ...

ADB economist looks to PPP for infrastructure needs

Yasuyuki Sawada is the first Japanese national appointed as chief economist at the Asian Development Bank. In an interview with the Nikkei Asian Review, he called for private-sector funding to meet the huge demand for infrastructure in Asia. This could be achieved through public-private partnerships ...

Rail freight set to cut transport costs significantly

The transport of goods by railway could cut costs by 30 to 50 percent of the current charges for road transportation, a senior government official has said. Deputy Director General of the Lao Railway Department, Mr Sonesack N. Nhansana, told Vientiane Times on March 28 that ...

Asia-Pacific transport forum eyes sustainable development

Government officials are confident that the Intergovernmental Tenth Regional Environmentally Sustainable Transport Forum in Asia currently place in Vientiane will help to spur the development of Laos’ transport network. The comment was made by Deputy Prime Minister Somdy Duangdy at the forum’s opening ceremony on ...

New decision aims to enhance project implementation and costings

A new draft Prime Ministerial Decision plans to make all government investment project costs and technical specification estimations subject to Ministry of Public Works oversight. According to the draft decision, only the relevant authority within the Ministry of Public Works and Transport will be able ...

Sihanoukville dredging eyed

Ministry of Environment officials on February 22 said an inspection team will be deployed to investigate the recently halted sand-dredging operation for the development of the Sihanoukville Autonomous Port’s new multipurpose terminal, which has affected local families. Danh Serey, director of the ministry’s environmental impact assessment ...

PM stresses land as focus for transport development

Prime Minister Thongloun Sisoulith has stressed for land to be the main focus of transportation development in the country, calling for careful decisions on every water and air transportation project. Mr Thongloun put this direction in his address at the annual meeting of the Public ...

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