PortStrategy
A soft loan from China could dramatically improve Phnom Penh's future
The historic capital city port of Phnom Penh is being reborn after years of neglect, reports Michael King
The port of Phnom Penh is not the usual subject of a major port focus by Port Strategy. It’s not that big, it’s not breaking any new technological ground and it’s not even near the ocean. But it does perfectly illustrate how port development can both facilitate and drive economic growth.
The inland port, located some 348 km up the Mekong River from the South China Sea, is poised to help transform Cambodia from a backwater of globalisation into a country with the potential to ‘do a Vietnam’. In other words, leverage its cheap labour resources, raw materials and willingness to embrace international trade to attract inward investment and boost economic development.
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