Logo of Phnom Penh Post newspaper Phnom Penh Post - Transport master plan nearing completion

Transport master plan nearing completion

Content image - Phnom Penh Post
Minister of Economy and Finance Aun Pornmoniroth (above) led an inter-ministerial meeting on Tuesday to review the latest developments of the draft Intermodal Transport Master Plan 2021-2030. Photo supplied

Transport master plan nearing completion

The government has nearly finished the draft of the Intermodal Transport Master Plan 2021-2030 (the Plan), a Ministry of Economy and Finance press release said on Wednesday.

The draft seeks to promote Cambodia’s connectivity, reduce transportation and logistics costs, integrate the Kingdom into the region and the globe, and increase competitiveness, as well as diversify the economy to boost sustainability, it said.

The draft is expected to be finished by mid-2020.

Minister of Economy and Finance Aun Pornmoniroth led an inter-ministerial meeting on Tuesday to review the latest developments of the draft, it said.

The China International Engineering Consulting Corporation (CIECC) started preparing the draft in mid-2018. It is currently being submitted to the relevant government institutions for more input and recommendations.

Minister of Public Works and Transport Sun Chanthol, Minister of Environment Say Sam Al and Council for the Development of Cambodia secretary-general Sok Chenda Sophea also attended the meeting.

The Plan comprises seven master plans – the intermodal transport master plan, land transport master plan, railway transportation master plan, waterway transport master plan, sea transport master plan, air route transport master plan and logistics master plan.

“The Cambodian government believes that the Intermodal Transport Master Plan 2021-2030 will play an important role and serve as a roadmap as well as define the common framework of the transport infrastructure development plan, including a logistics system that will help to enhance the efficiency of public investments in Cambodian transport infrastructure,” the press release said.

The Plan will focus on the quality of the Kingdom’s land transport rather than quantity.

It will continue to develop transportation routes via air and sea as well, and will restore and enhance infrastructure and the connectivity of transport via rail and waterways, the release said.

The CIECC team responsible for the draft is led by project director She Xiangyun and has received financial assistance from the Chinese government in its studies.

Pornmoniroth said the Kingdom “really appreciates the participation and support from the concerned ministries and institutions over the master plan’s feasibility studies”.

Next year, the government plans to allocate a budget of $1.4 billion for construction and restoration of infrastructure, up 117.9 per cent compared to the amount spent this year, the National Budget Law for 2020 said.

Ministry of Public Works and Transport spokesman Vasim Sorya told The Post on Wednesday that the Plan will present ample opportunities for local and foreign investors.

“Once the master plan is completed we will have a very comprehensive roadmap for transport connectivity, infrastructure development and, more importantly, to set up logistics centres and hubs in some other main areas in provinces and reduce our transport and logistics costs for our exporters,” he said.

Cambodia Freight Forwarders Association president Sin Chanthy welcomed the progress of the feasibility study, which the government approved last year, saying it is time for the draft master plan to be finished and implemented.

“It is a very positive step for the development of our infrastructure, transport and logistics now that we have a comprehensive master plan to be implemented.

“With such high economic growth, it is a must for us to have a clear master plan for our transportation, logistics and infrastructure,” he said.

Cambodia needs more than $13 billion in infrastructure by 2020 if the Kingdom intends to continue attracting foreign investment, a joint survey by the Japan International Cooperation Agency and the International Monetary Fund said in 2011.

It needs about $1.2 billion in infrastructure spending per year, half of which needs to go to new projects and the other half to the maintenance of existing ones, it said.

MOST VIEWED

  • NY sisters inspired by Khmer heritage

    Growing up in Brooklyn, New York, Cambodian-American sisters Edo and Eyen Chorm have always felt a deep affinity for their Cambodian heritage and roots. When the pair launched their own EdoEyen namesake jewellery brand in June, 2020, they leaned heavily into designs inspired by ancient Khmer

  • Cambodia records first Omicron community case

    The Ministry of Health on January 9 reported 30 new Covid-19 cases, 29 of which were imported and all were confirmed to be the Omicron variant. The ministry also reported 11 recoveries and no new deaths. Earlier on January 9, the ministry also announced that it had detected the Kingdom's

  • The effects of the USD interest rate hike on Cambodian economy

    Experts weigh in on the effect of a potential interest rate expansion by the US Federal Reserve on a highly dollarised Cambodia Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by

  • PM eyes Myanmar peace troika

    Prime Minister Hun Sen has suggested that ASEAN member states establish a tripartite committee or diplomatic troika consisting of representatives from Cambodia, Brunei and Indonesia that would be tasked with mediating a ceasefire in Myanmar. The premier also requested that Nippon Foundation chairman Yohei Sasakawa

  • Kampot tourism quay ‘90% done’

    Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track, reaching 90 per cent completion, according to a senior Ministry of Tourism official last week. The project is now planned to be finished

  • Demining rat ‘hero’ Magawa dead at 8

    A landmine-hunting rat that was awarded a gold medal for heroism for clearing ordnance from the Cambodian countryside has died, his charity said on January 11. Magawa, a giant African pouched rat originally from Tanzania, helped clear mines from about 225,000sqm of land – the equivalent of 42