According to the Cambodia-China Times, the first phase of the Sihanoukville "deep-water port" project started construction on December 22, with a cost of 2$4.3 billion. Cambodian Prime Minister Hun Manet and Japan's Vice-Minister of Land, Infrastructure, Transport and Tourism Rintaro Ishibashi officiated at the groundbreaking ceremony of the first phase of the project. At the groundbreaking ceremony, Hong Manet said that he hoped that Japan would help build a bridge across the Mekong River in Phnom Penh.
According to reports, the first phase of the Sihanoukville "deep-water port" project cost 2US$4.3 billion, with concessional loans from Japan** and grants from Cambodia**. The new container terminal of the project is 350 meters long and 14 meters deep5 meters, 36 months, expected to be completed in 2026.
Cambodian Prime Minister Hun Manet Source: Cambodia-China Times
Upon completion, the project will develop the port into the largest deep-water port in Cambodia, serving 93% of the total number of large vessels passing through the Asia-Pacific region. The project will help reduce the cost of sea freight in Cambodia.
Cambodia's Minister of Public Works and Transport Bing Bo Ni introduced that the second and third phases of the project are expected to cost 6US$9.8 billion, of which more than US$500 million was provided by Japan** and more than US$100 million was allocated by Cambodia**.
The first phase of the Sihanoukville "Deep-water Port" project started Source: "Cambodia-China Times".
Hun Manet said that the Sihanoukville Autonomous Port is of great strategic significance, and the construction of the deep-water port will play a vital role in Cambodia's future economic development, and he thanked Japan for its support for the project, and hoped that the Japanese side would continue to promote the smooth completion of the project.
In addition, Hun Manet said that Japan is an important friend of Cambodia, and Japan has long helped Cambodia strengthen infrastructure construction. Hun Manet revealed that the Ministry of Transport of Cambodia has submitted an application to the Japanese side, hoping that Japan will help build a bridge across the Mekong River in Phnom Penh.
*: Cambodia-China Times, Cambodia-China**, Cambodia Express.
Editor: Zhong Shuangxia.