Chinese firm to carry out 160-mln-USD logistics project in Cambodian capital

China Good Cars Holding Ltd is looking for a strategic location for its proposed 160-million-USD modern heavy vehicle parking terminal on the outskirts of Phnom Penh to serve as a major gateway into the capital, the Phnom Penh Post reported on July 2.

Company representatives recently met with Phnom Penh municipal Governor Khuong Sreng to discuss the project.

Spokesman of the Phnom Penh Municipal Hall Met Meas Pheakdey said the capital city strongly supports the project, given the severe shortage of lorry parking in the capital.

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