Cambodia eyes role as Asean logistics hub

Joint venture with Singapore’s YCG to build US$300 million ‘super port’ in Phnom Penh.

Cambodia’s efforts to leverage its position at the geographic heart of mainland Southeast Asia have been bearing fruit with Singaporean logistics company YCH Group announcing a US$300 million plan to develop a “Cambodia SuperPort” in Phnom Penh to complement a similar project in northern Vietnam.

At the same time, Cambodia is emerging as a promising alternative route for Lao electricity exports to Singapore – bypassing Thailand and Malaysia – following Cambodian Prime Minister Hun Sen’s visit to Laos last week.

On February 16, YCH announced that its joint venture with Cambodian logistics company WorldBridge Group – PPLC SuperPort and Industrial Co Ltd – had signed a collaboration agreement with International Finance Corp (IFC), the private sector arm of the World Bank.

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