Phnom Penh: Cambodia’s two state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), saw a remarkable growth in revenue in 2024, according to an annual report of the Ministry of Public Works and Transport. PAS handled 9.60 million tonnes of containerised cargo tonnage last year, an increase of 21.67 percent compared to 2023, which had in total 7.89 million tonnes, stated the source.

According to Agence Kampuchea Presse, the report added that PAS saw its net profit increase by 24.12 percent to about US$110.38 million from US$88.94 million in 2023. The freshwater port, the country’s second largest port, recorded a total of 4.51 million tonnes of containerised cargo tonnage and earned a revenue of US$43 million, an increase of 16.6 percent from US$37.27 million in 2023, it pointed out.

Cambodia’s PAS and PPAP play important roles in the transport of the country’s import-export cargos. H.E. Phorn Rim, the ministry’s spokesperson, credited the nation’s strong economic performance to the notable increase in port revenue and container throughput. He said that the rise in ports’ container throughput and revenue reflected the country’s growing import and export flow as well as an increase in economic activity that supported the economic growth.

The Royal Government of Cambodia has been expanding port capacity to accommodate large ships and meet the growing demand for import-export activities, which are seen as key drivers of sustainable economic growth, as these two major ports serve as important gateways for international trade and contribute to Cambodia’s integration into global markets.