;
Home / Knowledge / News / Textiles / Japanese loan for Cambodia to develop Sihanoukville port
Japanese loan for Cambodia to develop Sihanoukville port
15
Aug '17
The Japan International Cooperation Agency (JICA) has signed an agreement with Cambodia to provide an official development assistance (ODA) loan of up to 23.502 billion yen for a developing a new container terminal and improving the cargo handling capacity at Sihanoukville, the only deep-sea port in the country located on the southern economic corridor.

The southern economic corridor is an international trunk road connecting Ho Chi Minh City, Phnom Penh and Bangkok.

The agreement, signed recently in Tokyo, aims to improve the logistics environment in Cambodia and promote trade, according to a JICA press release. The loan funds will be allocated to dredging, procurement of cargo-handling equipment, consulting services and the development of container terminal, access roads and marine routes.

The project will increase the container cargo handling capacity at the port, expected to become a logistics transfer hub for ASEAN, by about 450,000 TEUs (one twenty-foot equivalent unit, or TEU, is the amount of cargo in a 20-foot-long container) to more than one-and-a-half times the current capacity. It will enable the port to accommodate larger vessels, JICA said.

Since 1999, Japan has provided continuous support for improving the infrastructure and enhancing the management capacity of the port. In June 2017, it acquired equities in the port authority of Sihanoukville. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Government notifies 207 HSN Codes as technical textiles

Textiles | On 19th Jan 2019

Government notifies 207 HSN Codes as technical textiles

The government of India has notified 207 HSN Codes as technical...

Two US senators introduce Cambodian Trade Act of 2019 bill

Apparel/Garments | On 19th Jan 2019

Two US senators introduce Cambodian Trade Act of 2019 bill

Two US senators recently introduced the Cambodian Trade Act of 2019...

Rwanda to open silk factory in Kigali in Feb

Textiles | On 19th Jan 2019

Rwanda to open silk factory in Kigali in Feb

Rwanda will open a new silk factory in February at the Kigali Special ...

Interviews View All

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


January 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search