YCH and Cambodia sign framework pact to develop Phnom Penh Logistics Complex

Singapore’s YCH Group and Cambodia’s Ministry of Public Works and Transport have signed a framework agreement to develop the Phnom Penh Logistics Complex (PPLC).

Under the terms of the agreement, YCH will design, develop and operate the PPLC.

The PPLC will be part of the Smart Growth Connect Initiative and is the second project under the Asean Smart Logistics Network. It is expected to help strengthen Cambodia’s connectivity with the broader intra-regional trade flows, particularly among the Mekong countries (Cambodia, Laos, Myanmar, Thailand and Vietnam) and south-western China, and contribute towards Cambodia’s long-term economic growth.

In full: https://www.businesstimes.com.sg/asean-business/ych-and-cambodia-sign-framework-pact-to-develop-phnom-penh-logistics-complex

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