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Logo of Phnom Penh Post newspaper Phnom Penh Post - S’ville port to undergo $80 million expansion

S’ville port to undergo $80 million expansion

Sihanoukville Autonomous Port (SAP) will undergo expansion works in an effort to increase the dock’s shipping capacity, officials say.

Construction on a new 3-hectare cargo terminal, funded by the Japanese government via an $80 million loan, is set to commence later this year or early next year and be completed by 2017, Chea Sambath chief of Planning at SAP said.

“The port plays a major role in exporting our products and we need to expand our capacity quickly to cater the predicted rise of cargo,” he said.

Cargo exports through SAP rose to more than 129,000 shipping containers over the first nine months of the year, up 18 per cent from 109,000 during the same period in 2013. Imports meanwhile rose some 12.4 per cent during the same period.

SAP currently has a cargo capacity of 500,000 containers spread over 124 hectares.

Officials at the Phnom Penh Autonomous Port last week confirmed its plans to expand its cargo terminal by either securing a loan from the Chinese government or raising funds through an initial public offering on the Cambodian Stock Exchange.

Sambath similarly said the state-owned SAP would consider listing on the bourse to raise funds for the expansion.

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vandavid's picture

SHV Port has since the start being conceptualized as purely a "Container Port" and never as a seriously comprehensive port with bulk loading/unloading facilities as it completely lacks currently professional stevedoring for bulk cargo loading/unloading including proper hygienic warehousing facilities to store food items for export like Rice for instance. Besides, Cambodia can never aim to be a serious commodities exporting country until SHV Port (or if they build another more proper Port else where say in Koh Kong for instance) unless any port here can accommodate big size mother vessels (25,000 to 45,000 DWT) traditionally used to ship commodities. So what may this "expansion" cover then? any new terminal with bulk cargo facilities? any big size vessels above 25,000 DWT can berth in the new terminal? Currently SHV Port can barely accommodate 11,000 DWT vessel size coupled with extremely high port charges which are double our neighboring countries' ports. A tall order to meet to be really competitive for Cambodia but let's not lose hope. One thing at a time perhaps but the Government must be very sure of the port expansion strategy they will adopt.

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