Chinese investment Company China Good Cars Holding Ltd is looking for a strategic location for its proposed $160 million modern heavy vehicle parking terminal on the outskirts of Phnom Penh to serve as a major gateway into the capital.
Company representatives met with Phnom Penh Municipal Governor Khuong Sreng on Tuesday at Phnom Penh Municipal Hall to discuss the project.
Municipal hall spokesman Met Meas Pheakdey told The Post on Wednesday that the company is forging on with its plans for the terminal, but had not settled on a location.
“They’ve noted that they prefer a spot along an important entrance into Phnom Penh, with the extensive area required for large vehicle parking found in the city outskirts. The company is currently sizing up a number of locations,” he said.
He added that the municipal hall strongly supported the project, given the severe shortage of lorry parking in the capital.
“We welcome and support the project, which will enhance our image and help create jobs for the people here and circulate wealth more amply,” said Meas Pheakdey.
Chan Sothea, a Cambodian businessman who led the company representatives, said they were looking into three possible vicinities for the facility, the Ministry of Information reported on Wednesday.
She was quoted as saying: “The company has already inspected a site the Kuor Srov roundabout, near the border with Kandal province and along National Road 6, and is also looking for another location in the outskirts.”
Cambodia Logistics Association president Sin Chanthy told The Post in May that the facility would improve freight transportation and logistics in the Kingdom.
He said the private transport sector currently faces a severe shortage of lorry parking. “I support the project. It is a necessary facility for lorry owners to park safely and legally, and it will also reduce traffic congestion.”
The number of registered vehicles in the Kingdom rose 13 per cent last year. New registered vehicles last year totalled 640,183 – 15,956 heavy vehicles, 92,958 cars and 531,269 motorcycles, an annual report from the ministry said.