Ports’ Revenue Increases This Year

Cambodia’s ports earned a total revenue of US$70 million in 2016, while the total tonnage roses year in year out, according to the annual report of the Ministry of Public Works and Transport released early this week.

Recorded cargo shipments at Sihanoukville Autonomous Port (SAP) increased to 399,192 TEU from January to December of 2016, up 1.86 percent over 2015; while cargo shipments via Phnom Penh Autonomous Port (PPAP) reached 150,000 TEU, up 8.14 percent, it pointed out.

SAP’s revenue in 2016 was approximately US$53 million, up 3.38 percent compared to a year earlier and that of PAPP was US$16.95 million, up 7.79 percent, underlined the report.

Director General of SAP H.E. Lou Kim Chhun attributed the increase to the country’s strong economic growth.

Most of the products shipped via SAP are agricultural products, milled rice, garment products, he added.

Currently, SAP handles about 70 percent of imported and exported products in Cambodia.

Source: Agency Kampuchea Press