Tycoon looks to expand and deepen private Sihanoukville seaport

[geovalin]

Cheng Sokhorng

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.

“We got approval from the government already to expand the port and now we are studying the location,” Reththy said yesterday. “We want to upgrade it to handle container shipments.”

Oknha Mong Port, also known as Keo Phos Port, is located in Koh Kong province about 45 kilometres north of Sihanoukville. The 27-hectare port became Cambodia’s first privately owned seaport when it began operations in 2004, and is now operated as part of a joint venture with Thai conglomerate TCC Group.

read more http://www.phnompenhpost.com/business/tycoon-looks-expand-and-deepen-private-sihanoukville-seaport