SIHANOUKVILLE: The listed Sihanoukville Autonomous Port (PAS), Cambodia's largest shipping facility, recorded a gross revenue of more than US$85 million in the first 11 months of 2023, a year-on-year increase of 2.7 per cent, a port's data showed on Friday (Dec 22).
The state-owned port handled more than 7 million tonnes of containerised cargoes during the January-November period this year, up 11 per cent year-on-year, the data added.
Speaking at a groundbreaking for the construction of a new container terminal Phase 1 at the port on Friday, Cambodian Prime Minister Hun Manet said the PAS has been playing a very important role in supporting Cambodia's socioeconomic development.
"The PAS is a major international gateway for Cambodia's trade exchanges with countries in the region and the world," he said.
"We aim at transforming this feeder port into a regional logistics hub in 2029."
The PAS is the kingdom's sole international and commercial deep seaport.
Hun Manet said the port is currently capable of handling 800,000 TEUs (twenty-foot equivalent units) per year, and its handling capacity will be increased to 2.5 million TEUs per year in 2029. - Xinhua
