Speculation swirls around Cambodia’s newest megaproject, the Funan Techo Canal. It’s a US$1.7 billion project (at least) – but where’s the money coming from?
The 180-kilometre waterway will link two major rivers in the south of the country, the Mekong and Bassac, with the Gulf of Thailand. It will enable Cambodia to export directly to world markets, reducing reliance on Vietnamese ports which currently transport one-third of Cambodia’s exports. That dependence, and the associated costs, are a source of great frustration for Cambodia.
A groundbreaking ceremony was held on 5 August, coinciding auspiciously with the birthday of former leader Hun Sen. Completion is scheduled (quite ambitiously, given normal infrastructure project slippages) for 2028. The state media coverage was frenzied with every capital, provincial and private television station was “requested” to broadcast the ceremony, and there is a clear sense that this project is a personal legacy for Hun Sen – it even shares his honorific title. Techo is a Khmer word meaning powerful or strong, bestowed by the Cambodian king on army commanders, and Hun Sen insists Cambodian media use it in his title or risk unspecified “legal action”.
In full: https://www.lowyinstitute.org/the-interpreter/murky-waters-cambodia-s-funan-techo-canal