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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 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.