Revenues earned by
the Sihanouk Autonomous Port for the first quarter of this year jumped 22 per
cent year-on-year to US$8.3 million, according to figures released yesterday by
SAP.
Exports of the Kingdom’s rice, garments and timber, coupled with
imports of textiles, electronics and construction materials, had driven the
increase, SAP general director Lou Kim Chhun said.
“Economic growth has increased remarkably, so the increase of goods in
and out of the country also saw a hike,” he told the Post yesterday by phone.
Total revenues for the period reached $8.3 million, up from $6.8
million for the first three months of 2011, according to the SAP data.
Twenty-foot-equivalent containers climbed from about 53,900 to near
60,300, an increase of 11.8 per cent.
Lou Kim Chhun said milled-rice exports totalled 30,828 tonnes, an 18
per cent increase over the same period in 2010, making for an annualised export
total from SAP of 123,312 tonnes.
The Kingdom aims to export as much as a million tonnes of milled rice
by 2015.
Kuch Pheng, the director of Advanced Glory Logistics (Cambodia), said
the uptick in economic activity had resulted in a 10 per cent bump in shipments
for his firm, especially in garments, electronics and construction materials.
“The improvement in the economic environment caused a rise in local and
foreign purchase orders,” he said.
But Kuch Peng said the boost in shipping had given rise to intense
competition in the transport sector.
He noted a five per cent decrease in revenues for his company in the
first quarter year-on-year as the sector’s players fought for customers.
In 2011, SAP’s total shipping revenues were about $30.5 million, according
to official SAP figures.
Sieam Bunthy
Tha Phnom Penh Post
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