Independent journal on economy and transport policy
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the Japan International Cooperation Agency has acquired 13.5% of the Harbour Authority of Sihanoukville
In forecast investments in order to increase the ability to containerized trade of the Cambodian port of call
June 14, 2017
The Japanese agency for the cooperation Japan International Cooperation Agency (JICA) has acquired a participation in the Harbour Authority of the Cambodian port of Sihanoukville. The Sihanoukville Autonomous Port (PAS) has made its debut on the list of the Stock exchange of Cambodia past thursday and the Japanese agency has bought actions of the which put on society of the strategic investor in the within of the initial public offer having acquired altogether 13.5% of the capital of the harbour authority, that it is controlled by the Cambodian ministry of the Economy and Finances that possesses 75.0% of the capital.
The JICA has remembered that for a long time Japan has supplied assistance to the port of Sihanoukville, that is the single harbour port of call in deep waters of Cambodia, and that the same JICA has distributed financings destined to improve infrastructures and equipments of the port. Moreover the Japanese agency has evidenced that the traffic of the goods in the port of Sihanoukville is in increase as a result of the increase of the Cambodian economy and that previews that the containerized trade enlivened from the port of call will go up to 680 thousand teu in 2020. Since currently the annual ability to containerized trade of the port is of 500 thousand teu, it will be necessary to increase the ability and the deep ones obtained with the initial public offer will be destined for this purpose employing them for the acquisition of crane and the realization of harbour structures.
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The Japanese agency for the cooperation Japan International Cooperation Agency (JICA) has acquired a participation in the Harbour Authority of the Cambodian port of Sihanoukville. The Sihanoukville Autonomous Port (PAS) has made its debut on the list of the Stock exchange of Cambodia past thursday and the Japanese agency has bought actions of the which put on society of the strategic investor in the within of the initial public offer having acquired altogether 13.5% of the capital of the harbour authority, that it is controlled by the Cambodian ministry of the Economy and Finances that possesses 75.0% of the capital.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
