Logo of Phnom Penh Post newspaper Phnom Penh Post - PPAP cargo throughput up despite road rivalry

PPAP cargo throughput up despite road rivalry

PPAP cargo throughput up despite road rivalry

Cargo traffic through Phnom Penh’s Autonomous Port grew more than 6 per cent for the first nine months of 2015, with around 108,700 TEUs of goods passing through the port, according to data released by the port yesterday.

Hei Bavy, general director of Phnom Penh Autonomous Port (PPAP), said that while cargo passage may have increased at the port, PPAP was seeing increasing competition from land logistical services.

“In general, we have more competitors on the road, which hindered growth at the the port,”he said.

Despite the increased competition, Bavy said the port could see a 10 per cent increase in goods passing through the port by the end of this year.

This growth, Bavy said, will be further fuelled once the business completes its listing on the Cambodia Securities Exchange.

“We could say that there will be more companies joining from the private sector and that the port will gain new growth,” he said.

PPAP will be the second state-owned enterprise to be listed on the bourse, after the Phnom Penh Water Supply Authority, and could list as early as next month.

“We are following our plans,” Bavy said. “SECC board members will convene soon and we will follow our usual steps.”

PPAP, located on the Mekong River in Kien Svay district, about 30 kilometres east of Phnom Penh, is Cambodia’s second-largest port.

MOST VIEWED

  • Tourists urged not to skip trip

    The Ministry of Tourism has called on international tourists not to cancel trips to Cambodia, but urged them to adhere to several dos and don’ts when arriving in the Kingdom during the Covid-19 pandemic. The ministry released an eight-point instruction manual on Wednesday published

  • The taxman cometh – Cambodia’s capital gains tax casts the net on individual taxpayers

    In a country where only limited personal income tax existed, the new taxation law beginning January 1, 2021, will make taxpayers out of Cambodians, whether they are ready for it or not About two years ago, a little known amendment was made to Article 7 of the Law

  • Cambodian-American gets Star Trek treatment

    Kevin Ung, a Cambodian-American whose family escaped genocide during the Khmer Rouge’s reign of terror, was recently selected from thousands of applicants to participate in the Television Academy Foundation’s inaugural 2020 Star Trek Command Training Programme, a course intended to give hands-on filmmaking experience

  • Cambodia seeks to be transport hub

    Cambodia is working on several fronts to modernise its transport infrastructure and services, concentrating on opening new international gates to relieve and balance traffic congestion at its borders, Minister of Public Works and Transport Sun Chanthol said on Thursday. This is part of the Kingdom’

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped