Page 3 - Sin Chanthy News Today

At a plenary meeting of the Council of Ministers on January 13, Prime Minister Hun Sen urged the Ministry of Economy and Finance and the Ministry of Public Works and Transport to work together to accelerate the study of the construction of high-speed rail projects and expressways

The Cambodia Chamber of Commerce (CCC) has asked Vietnamese Customs for its full commitment to the Single Stop Inspection and Common Control Area (SSI & CCA) initiative, in the interest of boosting cross-border trade between the two countries.

The Cambodia Chamber of Commerce (CCC) has asked Vietnamese Customs for its full commitment to the Single Stop Inspection and Common Control Area (SSI & CCA) initiative, in the interest of boosting cross-border trade between the two countries.

Tokyo-listed Nippon Koei Co Ltd’s interest in sprucing up Cambodia’s rails amid government plans for a switch to a high-speed system has been met with enthusiasm, as well as confidence that Japan’s extensive experience in the field could translate into a boon for freight and passenger transportation.

Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail passenger and freight transport

Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail passenger and freight transport as well as cross-border trade and tourism, according to Minister of Public Works and Transport Sun Chanthol.

CMA CGM Group, the third largest container shipping company worldwide and number one in France, is slated to launch the Yangon Cambodia Express (YCX), creating a direct link between Myanmar, Cambodia, Singapore and Malaysia, and industry insiders are hailing the service as a promising new option for local importers and exporters.

Preliminary studies on three options for a mass transit railway system for Phnom Penh have been completed, and after “a few adjustments”, a report will be submitted to Prime Minister Hun Sen to decide which choice to move ahead with, according to Minister of Public Works and Transport Sun Chanthol.

The government plans to look into building a proposed Sihanoukville Logistics Center (SLC), with support from the World Bank, to transform Cambodia into an “active distribution channel” for the region as well as to capture and maintain a sound competitive edge against its peers, according to Minister of Public Works and Transport Sun Chanthol on December 22.

The second phase of a feasibility study on a proposed waterway link from the Bassac River to the sea in Kep province is scheduled to be completed by end-January, reported the public works ministry. The project is seen as a massive support for the transportation market and the export business.