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Cambodia’s Phnom Penh Autonomous Port saw its throughput soar 46 percent in the first 10 months of this year, mainly due to the expansion of Vietnam's Cai Mep port.
The expansion of Vietnam's Cai Mep port has been the key driver of volumes at the port, said Eang Veng Sum, the Phnom Penh port's deputy general director.
He said the number of containers that passed through the port rose to 52,431 in the first 10 months of the year, up from 35,813 in 2009.
He said that the expansion of Vietnam's Cai Mep port, located about 85 km south of Ho Chi Minh City, had provided an opportunity for PPAP to attract more business from companies wanting to transport goods through Vietnam.
As trade continues to pick up through Phnom Penh's port, other officials said the ongoing construction of the PPAP's facility in Kandal province's Kien Svay district would help the facility handle increased cargo levels.
Hei Bavy, PPAP general director, was quoted as saying that the construction of the new 30-hectare, US$28 million container terminal was about 25 percent complete.
He said the new terminal would be able to receive more than 300,000 containers a year, up from the PPAP's current capacity of 80,000.
The construction of the new container terminal is being financed by a 30-year Chinese loan and is located 30 km from Phnom Penh.
Cargonews Asia
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