Logo of Phnom Penh Post newspaper Phnom Penh Post - Hong Kong trade office invited to Cambodian infrastructure push

Hong Kong trade office invited to Cambodian infrastructure push

Content image - Phnom Penh Post
A meeting on June 16 between Minister of Public Works and Transportation Sun Chanthol and a delegation led by HKETO Bangkok director Lee Sheung-yuen. MPWT

Hong Kong trade office invited to Cambodian infrastructure push

Minister of Public Works and Transportation Sun Chanthol expressed hope that the Hong Kong Economic and Trade Office (HKETO) would lend a hand in an ambitious 10-year development push, involving hundreds of logistics and infrastructure projects worth a total of around $50 billion.

This comes after a meeting on June 16 between the minister and a delegation led by HKETO Bangkok director Lee Sheung-yuen, in which Lee voiced interest in the progress and positive changes made in Cambodian infrastructure development.

The meeting was held to shine light on the development push, as defined in the Logistics Master Plan, for the network of Hong Kong trade offices to identify and evaluate investment and other opportunities in Cambodia.

Chanthol reflected on recent accomplishments such as the 37- and 38-road projects in Preah Sihanouk and Siem Reap provinces, respectively, and the preparation of the Logistics Master Plan.

He also noted the benefits stemming from membership in China’s Belt and Road Initiative, with many infrastructure projects under its umbrella, such as Cambodia’s first-ever expressway, which connects the capital to the coastal Sihanoukville.

The minister underscored that HKETO’s involvement in the Kingdom’s multi-billion-dollar development push would “contribute to the promotion of excellence in logistics competitiveness and transportation in Cambodia”.

Lee also took the occasion to tout the experiences as well as “good” practices and undertakings assumed by his team involving management and specialist expertise at world-class ports, and other vital areas.

MOST VIEWED

  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • After three deferrals, Capital Gains Tax to take effect Jan 1, 2024

    The General Department of Taxation (GDT) will implement the Capital Gains Tax starting January 1, 2024 to after being deferred three times as industrial players warn that the implementation might have some negative impact on the property market growth, which is down due to the economic downturn.