Phnom Penh Port sees growth for freight

Freight shipments through Phnom Penh Autonomous Port increased 31 percent for the first seven months of the year, compared with the same period in 2010. The port handled 43,859 20-foot equivalent units (TEUs) from January to June this year, from 33,364 TEUs in the same period 2010. The increase came through increased imports and exports of agricultural products, textiles and raw materials for the garment industry, and construction materials, said port Director General Hei Bavy. “With the government policy pushing for rice exports, we see that increased agricultural production this year has led to growth in shipments through the port,” he said.

Source: Phnom Penh Post


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Shipments increase at Sihanoukville Port

FREIGHT shipments through Sihanoukville Autonomous Port saw year-on-year growth of more than 14 percent in the second quarter of the year, according to official SAP figures. 

The total number of twenty-foot equivalent units that passed through the port rose 112,594 in the first six months, up 8.6 percent from 103,624 TEUs compared with the same period last year, SAP said.

The port saw large increases in the shipment of goods such as garment products, rice, coal, vehicles and machinery and construction materials between January and June, Read more of this post

Vietnam’s deep-water links spur Phnom Penh Port growth

Vietnam’s Cai Mep port has contributed to a growth in shipments from the Phnom Penh Autonomous Port (PPAP) this year, Cambodian officials say.

The Vietnamese deep-water port, near Ho Chi Minh  City, allows cargo to be transferred to ships travelling to more distant markets such as the European Union. 

“We have noticed that since we began operations [through Cai Mep] to the EU, the shipments have increased,”  PPAP commercial director Eang Veng Sun said. Read more of this post

Meat price rise

Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department.

Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically produced animals.

“We started to see price increases back in September last year,” Central Market pork vendor Nary Chey said yesterday.

“I used to pay 17,000 riel (US$4.14) per kg [for my supply], but currently I pay 22,000 riel. It’s harder to sell because of the increases; I only sell 40 kilogrammes each day now, when before I sold 70 kilogrammes.”  Read more of this post

Pig production priority

Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry,  insiders say.

The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, but experts say Cambodia is dependant on Thai pig imports to meet domestic demand. Read more of this post

Port shipments to soar

Shipments through Sihanoukville Autonomous Port have increased this year largely on increased exports of rice and acacia wood, Director General Lou Kim Chhun said.

Some 91,100 Twenty-foot Equivalent Units (TEUs) were transported through the facility between January and May, an 8.7 percent increase on shipments during the same period last year, according to port statistics.

An increase in shipments of products such as garments, oil and coal were main drivers of the growth, though agriculture and timber products were showing the largest increase, he said. Read more of this post

Cambodia and Japan conclude a study program on port management and terminal evaluation

A study program on port management and terminal evaluation between Cambodia’s Ministry of Public Works and Transportation and Japan International Cooperation Agency (JICA) concluded last Friday.

The just concluded programe were signed by H.E. Tram Iv Tek, Minister of Public Works and Transportation and Mr. Massahiko Furuichi, Representative of JICA to Cambodia.

On the occasion H.E. Tram Iv Tek expressed thanks to JICA and Mr. Massahiko Furuichi who is also the head of Japanese Terminal Evaluation Team for their assistance to the said program.

Source: AKP

Cambodia eyes chinese market for rice export

Cambodia’s Prime Minister Hun Sen said that his country is eyeing Chinese market for rice exports.

Delivering speech to the graduate students, Hun Sen said Cambodia and China are negotiating on the exports of rice from Cambodia to Chinese markets.

He said within this week, there will be a signing agreement between the two sides on the exports of Cambodian rice. Read more of this post

Agriculture exports to fuel China trade goal

The Kingdom aimed to increase exports to China in a bid to push bilateral trade to US$2.5 billion in 2012, Minister of Commerce Cham Prasidh said.

The minister signed an agreement with the China Council for the Promotion of International Trade, led by Chairman Wan Jifei, on increasing trade cooperation in Phnom Penh the 24th of may. Read more of this post

The Vietnamese supermarket, Coop Mart, plan to expand into Cambodia this year

The HCM City Union of Co-operatives (Sai Gon Co.op Mart) is planning to extend its business network this year. Sai Gon Co.op Mart this year plans to construct 10 Co.op Mart supermarkets and 30 Co.op Food stores as well as begin construction of its shopping centre in Cambodia.

Source: baomoi.com