The listed-Phnom Penh Autonomous Port (PPAP) reported an increase in its business operations in January this year, reflecting the improving economic conditions of the Cambodian economy.
In an unaudited revenue report for January 2025 filed to the Cambodia Securities Exchange last week showed that the volume of fuel cargo transited was 456,419 tons, an increase of nearly 47 percent compared to the same period last year, while the volume of containers throughput was 44,379 TEU (Twenty-Foot Equivalent Units), an increase of more than 48 percent.
The total number of passengers on board passing through the port was 4,453, an increase of nearly 5 percent, but the number of cruise ships decreased by 14 percent, receiving only 43, read the report.
The report added that it earned $3.54 million from its services including port operation, port authority, and other services, up from 34 percent compared to $2.64 million recorded in the same period last year.
Phan Rim, Spokesman at the Minister of Public Works and Transport attributed the growth in the port’s revenue to growing trade exchanges between Cambodia and the rest of the world.
“The PPAP’s positive performance is the result of the government’s efforts to enhance infrastructure and streamline customs procedures,” Rim said.
The growth in container throughput reflected the activities in production, manufacturing, and job creation, he said.
“The growth in container throughput is a positive sign, reflecting the growth of businesses and trade activities, contributing to Cambodia’s economy,” he added.
Cambodia has two major ports, the Sihanoukville Autonomous Port and the Phnom Penh Autonomous Port, which play important roles in the transportation of the country’s import-export cargo.
PPAP, the country’s second-largest container hub, recorded a total of 4.51 million tonnes of containerized cargo tonnage and earned a revenue of $43 million, an increase of 16.6 percent from $37.27 million in 2023, read the report.
