$1.3 b investment for Kampot Port

 

Kampot is now on the launching ramp to be positioned as a key player for trades hub point in South East Asia.

The Council for the Development of Cambodia has approved a massive investment weighting 1.3 billions dollars ($ 1.3 b) to roll out a logistics and multi-purpose port in Kampot.

This project comes following the Free tade agreement deal signed with South Korea and China, two major economic players in Asia. Once completed, it is expected that over 500 jobs will be created directly within this new infrastructure, but it will obvioulsy have a larger impact with sub-contractors and nearby businesses benefiating from the multi-purposes port activities. 

Lim Heng, vice-president of the Cambodia Chamber of Commerce declared that “activities of imports and exports in the port are expected to soar. Also due to the implementation of the free trade agreements with China and South Korea and other free trade deals, this could turn out to be one of the most sought after ports”. 

Real estate investments in the Kep/Kampot coastal areas have never been so promising.