A US$200m container terminal is expected to be built at the main deep sea port of Cambodia, local media reported.
The Sihanoukville Autonomous Port (SAP)’s new container facilities, which are part of an expansion project expected to be completed by 2022, will increase the port’s annual capacity to around 1m teu.
The new development is set to meet increasing growth in the volume of containers passing through the port, with the existing container terminal expected to be overloaded by 2023.
SAP’s director-general Lou Kim Chhun told Khmer Times that the port currently handles more than 400,000 teu and expects container volumes to rise to over 700,000 teu in 2023.
The new terminal will be equipped with a 350 m quay with a depth of 14.5 m.
SAP is currently studying the project with the Japan International Cooperation Agency (JICA), from which it is expected to seek a loan for the construction of the new facilities.
SAP has reportedly received approximately US$178.6m in loans so far from the JICA.
In 2015, the port launched a US$74.2m project in 2015 to build a 330 m and 13.5 deep multipurpose seaport, which will serve imports/exports of coal, steel, fertilisers, rice and oil, and is set to be completed by 2018.