PPAP-SNP MoU to raise efficiency, cut Cambodia-Vietnam shipping costs

01 Nov '23

2 min read

Pic: Adobe Stock

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Cambodia's Phnom Penh Autonomous Port recently signed an MoU with the Saigon Newport Corporation, which operates Vietnamese ports, to raise efficiency and reduce shipping costs between both sides.
Additional sub-ports are being built by Cambodia along the Tonle Sap and Mekong rivers to connect to important industrial and agricultural areas.

Cambodia’s Phnom Penh Autonomous Port (PPAP) recently signed a memorandum of understanding (MoU) with the Saigon Newport Corporation (SNP), which operates Vietnamese ports, to raise efficiency and reduce shipping costs between both sides.

The signing ceremony was held at an SNP workshop to explore ways to strengthen connectivity and develop logistic routes. The workshop was organised on the sidelines of the Vietnam-Cambodia Defence Economic Production Exhibition 2023 in Phnom Penh in October last week.

PPAP deputy director Hei Phanin said logistics between Vietnam and Cambodia has developed rapidly in recent years, strengthening ties along the common border, according to Vietnamese media reports.

“PPAP is strongly committed to supporting the Cambodian government’s policy to grow the Cambodian economy by improving our infrastructure and services, in response to growing demand. We are constructing addition[al] sub-ports along the Tonle Sap and Mekong rivers to connect our services to important industrial and agricultural areas. This will reduce transportation costs and eliminate potential logistics issues,” she added.

SNP’s logistics specialists will contribute to strengthening connections and the promotion of strong transport services for the Vietnam-Cambodia road, ensuring smooth and efficient supply chain operation, said SNP executive vice president Bui Van Quy.

The simplification of customs procedures and related fees remain a priority for both sides.

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