Cambodia has started construction of the first phase of a $1.5bn multi-purpose port in Kampot.
Ground was broken on The International Multi-Purpose Logistics and Port Centre, with main investor Kampot Logistics and Port Co Ltd, on 5 May. The port is being developed on a 600 ha plot of land with a depth of 15m alongside.
The first phase sees some $200m in investment with operations expected to start in 2025. The port will have a capacity of 300,000 – 600,000 teu by 2030.
Minister of Public Works and Transport Sun Chanthol said at the groundbreaking ceremony: “This port will complement the work of the Preah Sihanouk and the Phnom Penh autonomous ports. Its location along the Bassac River means this port will play an important role in the transport of agricultural products across the country and to sell abroad.”
The port will be developed over three phases with a total investment of $1.5bn.
Cambodia Logistics Association (CLA) president Sin Chanthy, was quoted by local press as saying: “When the Kampot port goes online, it will likely be more profitable than the port of Sihanoukville as Kampot is closer to Phnom Penh, and therefore more convenient for traders. The Sihanoukville port is also often congested, so hopefully the Kampot port will be a more convenient alternative.”
Sihanoukville Autonomous Port is Cambodia’s largest port handling 641,842 teu in 2020. It has berth depth of 10.5 metres and can handle vessels of up to 1,500 teu in capacity.
Source: Seatrade Maritime News