Transport infrastructure and facilities
Waterways and ports
Tycoon looks to expand and deepen private Sihanoukville seaport
Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville. “In order to handle container ships, the port must be renovated and the channel deepened to eight metres, which ...
Gov’t halts building of Koh Rong island port
“The company has the legal right to invest in Koh Rong from the state, but on June 7, the provincial working group had to stop the construction of the port of tycoon Kith Meng’s Royal Group because it was illegal,” said Sihanoukville City Governor Y Sokleng, ...
Vietnam may have new agency to manage state enterprises
The Vietnamese government is considering setting up a new agency to manage state-owned enterprises more effectively, but some economists have questioned the necessity of such a plan. Economist Ngo Tri Long urged the government to consider the plan thoroughly, arguing that a new agency means more resources ...
Try Pheap inks $300M seaport deal with Hong Kong company
Timber magnate Try Pheap signed off on a $300 million seaport project with industry heavyweight Hutchison Port Holdings on 30 May, according to Kep provincial governor Ken Sotha. “The two companies held the signing ceremony in Cambodia’s Kep province, but the international port is going to be ...
Containers pile up as trade backlog clears at Yangon ports
Weeks of delayed imports have been cleared through Yangon’s ports in the last few days after customs offices opened 24 hours a day to tackle a growing backlog of trade, but empty containers continue to stack up. As a temporary solution, the Customs Department has prioritised ...
MIP takes IFC loan to pump up container capacity
Myanmar Industrial Port is borrowing US$200 million from the International Finance Corporation to help it increase its handling capacity as rising trade puts pressure on the country’s ports. The IFC financing will help MIP in the first phase of its expansion plans, which together with efficiency ...
Japanese ODA approved for transport, environment plans
The Japan International Cooperation Agency (JICA) has signed agreements with Viet Nam to provide Official Development Assistance loans worth a total of 95.17 billion yen (US$847.39 million) to develop four projects. The ODA loans are expected to enhance the country’s competitiveness and promote environmental improvements. Keep reading ...
Da Nang calls for private investment in $177m port project
Authority in the central city of Da Nang is calling on private investors to join it in expanding a local port terminal for a cost estimate of VND4 trillion (US$177 million), local media have reported. Keep reading ...
Cargo giants call on Sihanoukville port
As Cambodia’s sole deep-sea port in Sihanoukville looks to increase its presence on global shipping routes, the decision by two major Chinese shipping companies six months ago to call at the port has seen mixed results, with one firm already dropping out due to low ...
Hai Phong needs to choose investment projects with practical value: President
Vietnam’s Hai Phong needs to have a clear investment mechanism and select projects with practical benefits for both investors and the locality, President Truong Tan Sang said while visiting the northern port city on 1 March. He asked the locality to efficiently utilise investment in infrastructure ...
