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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.
Officials and prominent business players brainstormed on the possible contents of the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) as well as local products to be proposed as priority items under the deal during talks with Abu Dhabi going forward, at a first-of-its-kind consultation meeting held at the commerce ministry on November 14.
The government plans to sign a framework agreement with Beijing on November 9 on concessional financing for the construction of the Phnom Penh-Bavet Expressway, the second of its kind in the Kingdom, after the first high-speed thoroughfare connecting the capital to the coastal Sihanoukville.
The Phnom Penh-Sihanoukville Expressway management company has decided to lower some prices to encourage container trucking companies to use the road. The trial phase, which has seen heavy traffic, comes to an end in less than a week.
PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia’s air cargo volume totalled 38,783 tonnes in the first eight months of 2022, representing a 10.77 per cent fall year-on-year, and a one-fifth drop over the same period in 2019 before the emergence of the Covid-19 pandemic, the aviation regulator reported.