Page 111 - Preah News Today

Minister of Public Works and Transport Sun Chanthol led a group of 300 students to visit the Phnom Penh-Sihanoukville expressway construction site on April 26 to educate them on some of the finer aspects of high-quality road construction built to internationally-recognised technical standards.

Over 90 pct of work on Chinese invested expressway in Cambodia completed: minister-

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.

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Japanese Prime Minister Fumio Kishida has announced his continued support for deep-sea port development in Preah Sihanouk province, saying that it contributes to the development of Cambodia, and pledged to maintain financial assistance for the project.

The TS11 multi-purpose port terminal on the Tonle Sap River in northern Phnom Penh is 85 per cent complete and is on track to be launched on July 1, with four more terminals to be opened by November, according to transport minister Sun Chanthol on April 25.

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $710 million in the first three months of 2022, marking a 50.74 per cent rise year-on-year from $471 million, the operator said in a statement on April 23.

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