PAS reports 14 mln USD revenues, up 14 pct

PAS reports 14 mln USD revenues, up 14 pct

Cambodia's largest Sihanoukville Autonomous Port (PAS) on Saturday reported that it earned the total revenues of about 14 million US dollars in the first five months of this year, 14 percent rise from 12.3 million US dollars at the same period last year.

The port's report showed that from January to May this year, the port had received some 100,000 twenty-foot-equivalent units (TEUs or standard-d containers), up 8 percent compared with the same period last year.

Goods exported through the port are mostly garment products and agricultural products including rice, rubber and cassava, whilst imported products include construction materials, agricultural machinery, petroleum, vehicles, coal, and garment raw materials.

Lou Kim Chhun, the PAS's director general, said the increase in shipments and revenues was thanks to growing business activities, especially in the fields of garments, rice, rubber, and cassava.

PAS, situated some 230 kilometers southwest of the capital Phnom Penh, is the main economic path between Cambodia and the globe. The state-owned port is going to list in the Cambodia Securities Exchange sometimes this year.

During the period, Phnom Penh Autonomous Port, the kingdom's second largest port, said that it received 31,000 TEUs, up 11 percent compared to the same period last year.

global times