Yuanta

Sihanoukville port to expand with more aid from Japan

Sihanoukville Autonomous Port (PAS), which is expected to list on the CSX by the end of this month following an initial public offering, may introduce an electronic system for handling import and export procedures with help from the Japanese government. The Electronic Data Interchange (EDI) system will allow companies to send one another electronic information, replacing the manual method currently in use. According to Public Works and Transport Minister Sun Chanthol, who signed the agreement to introduce EDI with the Japanese infrastructure minister last week, the project is in the research phase at the moment. The port is also planning to build a $200mn container terminal as part of an expansion project due to be completed by 2022. Japan has agreed to provide a $200mn loan for the construction of the new container terminal and is studying the potential for developing management systems for the port. (Source: Khmer Times) 

Coporate News

11th May 2017

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