Cambodia's 2 largest ports see revenue growth in 2021 despite pandemic

02 Feb '22

1 min read

Pic: Dreamstime.com

Cambodia’s two state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), had witnessed double-digit growth in revenue in 2021 despite the pandemic, according to the ministry of public works and transport, which recently said the former earned gross revenue of 373 billion riels ($93.2 million)—up 17.6 per cent year on year.

The listed seaport handled 6.9 million tonnes of containerised cargo last year, up by 6 per cent year on year, a report, released during the ministry’s annual conference, said.

PPAP, the country’s second largest container hub, reported total revenues of 138 billion riels ($34.5 million) last year, up by 14 percent year on year, the report said, adding that the freshwater port accommodated 4.2 million tonnes of containerised goods, up by 13 per cent, a global newswire reported.

Minister of public works and transport Sun Chanthol said the government will build a new container terminal at PAS with a depth of 14.5 metres to accommodate large ships.

Its first phase work is expected to start this year and will be finished in 2025, he added, adding that it is estimated to cost.

Fibre2Fashion News Desk (DS)

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