The Government of Cambodia has announced that construction has commenced on a USD1.5 billion logistics and multi-purpose seaport in the Kampot province. The seaport project will be financed by Kampot Logistics and Port Company Limited while construction works will be undertaken by Shanghai Construction Group (SCG) and the China Road and Bridge Corporation (CRBC).
The International Multi-Purpose Logistics and Port Centre project will include the construction of a container terminal, special economic zone (SEZ), a free trade area, a logistics hub and an oil refinery. The 600-hectare port, which will have a depth of 15 metres, will be able to accommodate boats weighing up to 100,000 tonnes.
The project is expected to take 15 years to complete, and work will be divided into three phases. The first phase will last from 2022 to 2025 and is expected to cost USD200 million.
The port’s handling capacity at the end of the first phase will be 300,000 TEUs, to be later expanded up to 600,000 TEUs by 2030.
Once completed, it will be the third largest port in Cambodia after the Sihanoukville Autonomous Port (PAS) and the Phnom Penh Autonomous Port (PPAP).