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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Cargo shipments via Cambodia抯 2 largest ports continue to grow in 10 months

Wednesday, November 26, 2014 > 09:05:10
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(Hellenic Shipping News)

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, reported a 14 percent increase in cargo shipments in the first ten months of 2014.

The sea port received 2.84 million tonnes of goods during the January-October period this year, up 14 percent compared to the same period last year, the port’s figures said.

The port’s deputy director general Ma Sunhuot said Cambodia mainly exported garment items and agricultural produce as it shipped in mostly raw materials for garment, consuming products, petroleum, autos, and construction materials.

“The growth is thanks to the surge in our exports of garment products and agricultural items such as milled rice, dry rubber, and cassava chips” he said.

“I have confidence that the growth will continue in coming years thanks to political stability and sound macroeconomic stability,” he added.

Meanwhile, the Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, handled 1.47 million tonnes of cargos during the first ten months of the year, up 16 percent compared to the same period last year.

“The increase truly shows bigger trade exchanges between Cambodia and friendly countries,” the freshwater port’s chief Hei Bavy said.

Both ports are the state-run enterprises, which have been planned to be listed on the Cambodian Securities Exchange.


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