Cambodia wishes to turn Vietnam’s Long An International Port into key trade gateway
Cambodia wishes to turn Vietnam’s Long An International Port into key trade gateway
Vietnam’s Long An International Port has the potential to become an important trade bridge between Vietnam and Cambodia as well as a convenient international border gate through which foreign goods will enter and leave Cambodia, a Cambodian official has commented.
Governor of Cambodia’s Svay Rieng Province (R, 3rd) listens to an introduction about Long An International Port in Long An Province, located in Vietnam’s Mekong Delta region, during his visit on February 1, 2024.Photo: An Long / Tuoi Tre |
Governor of the Cambodian province of Svay Rieng Peng Posa was speaking after a tour of the seaport on Thursday, as part of his working visit to Long An, a province in Vietnam’s Mekong Delta region, to promote cooperation between the two bordering provinces.
Situated in Tan Tap Commune, Can Giuoc District, the port holds a favorable geographical position that is envisioned to be developed not only as a significant trade hub for goods between the two countries but also as a convenient transit port for commoditities traveling between other countries and Cambodia, remarked the governor.
The port should therefore be transformed into an international border gate for trade soon, Posa suggested.
Once the port operates as expected, it will contribute to boosting trade between Vietnam and Cambodia as well as between Cambodia and its international partners, he added.
Posa said relevant agencies of the two provinces will jointly conduct a survey of the port to develop it in that manner and will report the results to the authorities of both sides for consideration and approval.
In recent times, many Vietnamese and Cambodian entrepreneurs have arrived in Long An to explore the possibility for goods to enter and leave Cambodia via the port as a trade transit point.
“We have recently recorded the demand from numerous businesses for transit and transhipment of goods via the port,” Ngo Thi Thanh Vy, deputy general director of Long An International Port Operation & Management Joint Stock Company.
The Svay Rieng leader emphasized that once the port becomes an international border gate for trade, it will help shape a multimodal international transport route from Cambodia through Vietnam to other countries across the world and vice versa.
This will facilitate the operation of businesses of both Svay Rieng and Long An and enhance their competitive edge in the goods supply chain in the Southeast Asian region, Posa stated.
As part of a complex economic area in Long An, the port covers an area of 147 ha and serves as a key link in the trade of goods in the Mekong Delta region, which includes Long An and 12 other southern localities.
On November 16, 2023, representatives of Long An International Port and the Port of Long Beach signed a letter of intent to set up a sister port relationship at a conference hosted by the California Association of Port Authorities (CAPA) in the U.S., according to the provincial Department of Planning and Investment.
