Phnom Penh (VNA) – China Good Cars Holding Ltd is looking for a strategic
location for its proposed 160-million-USD modern heavy vehicle parking terminal
on the outskirts of Phnom Penh to serve as a major gateway into the capital,
the Phnom Penh Post reported on July 2.
representatives recently met with Phnom Penh municipal Governor Khuong Sreng to
discuss the project.
Spokesman of the Phnom
Penh Municipal Hall Met Meas Pheakdey said the capital city strongly supports
the project, given the severe shortage of lorry parking in the capital.
Association President Sin Chanthy stated that the facility, once operational, will
improve freight transportation and logistics in the country.
He said the private
transport sector currently faces a severe shortage of lorry parking.
The number of
registered vehicles in Cambodia rose 13 percent last year. Newly registered
vehicles last year totalled 640,183, including15,956 heavy vehicles, 92,958
cars and 531,269 motorcycles.
The COVID-19 is
seriously affecting the country’s logistics sector, with 10-15 percent of firms
forecast to go bankruptcy in the next three months./.