Cambodian Government, JICA Ink Sihanoukville Port Deal

The Japan International Cooperation Agency (JICA) signed a loan agreement with the Cambodian Government last week for providing a Japanese ODA loan of up to 23.502 billion yen ($212 million) for the Sihanoukville Port New Container Terminal Development Project.

The project will develop a new container terminal and improve the cargo handling capacity at Sihanoukville Port with the objectives of improving the logistics environment in Cambodia and promoting trade, JICA said.

The loan funds will be allocated to container terminal and access road development, public works relating to marine routes and mooring basin dredging, the procurement of cargo-handling equipment, and consulting services.

This capital development project will increase the container cargo handling capacity at the port by approximately 450,000 TEUs to more than one and a half times the current capacity, according to JICA.

The project will also enable the port to accommodate the larger sized vessels that have become mainstream in the international marine transportation market, which is expected to lead to a reduction in transportation costs.

Share this article

Follow Dredging Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Eastern Chapter WEDA Fall 2019 Conference

Wednesday (10/16/19) afternoon will start the program with an opportunity to take the Dredging 101 course.

read more >

IADC SEMINAR ON DREDGING AND RECLAMATION IN DELFT

This five-day course strives to provide an understanding through lectures by experts in the field and workshops…

read more >

10th Dredging & Land Reclamation Summit 2019

The 10th Dredging & Land Reclamation World between 15-18 July 2019 in London is aimed at resolving…

read more >

Australasian Coasts and Ports 2019

Conference Theme “Future directions from 40°S and beyond” reflects the increasing awareness about the need to find suitable…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply