Prek Ta Hing News Today

The historic and game-changing Funan Techo Canal megaproject, which has united Cambodian people, is moving ahead despite invalid and incessant unwarranted opposition from some inconsiderate nations and ideologically bankrupt political has beens.

The Prime Minister of Cambodia, Dr. Hun Manet, has clearly announced that the Funan Techo canal project will start construction in August 2024.

AKP

PHNOM PENH: In an effort to allay fears of a debt crisis, Prime Minister Hun Manet assured that Cambodia is safeguarded against any potential debt trap due to stringent annual budget laws that establish a clear debt ceiling.

The search is still on for a contractor to expand and deepen the Kampot International Tourism Port’s waterway and deliver additional enhancements allowing safe access for larger vessels, nearly a year after the main construction work on the 4.25ha site was completed on June 30, 2022.

The Cambodian government-approved Funan Techo Canal, which will be the first capital-coastal waterway in the Kingdom of Cambodia, is the latest large-scale infrastructure project set to transform the Southeast Asian nation into a new logistics and economic hub in the region.

The hotly anticipated Bassac-Kep river navigation and logistics system, a first-of-its-kind waterway transportation project in Cambodia, has been named the “Funan Techo Canal”, according to the minutes of a May 19 meeting of the Council of Ministers.

The hotly anticipated Bassac-Kep river navigation and logistics system, the first-of-its-kind waterway transportation project in Cambodia, has been renamed “Funan Techo Canal”, according to the minutes of a May 19 Cabinet meeting.