Funan Techo Canal: Transport by Water Costs 5 Times Lower than by Land
2024-07-18Latest News

funan-techo-canal-transport-costs-5-times-lower-than-by-land

 

On Wednesday, July 17, 2024, HE Sun Chanthol, First Deputy Prime Minister, First Vice-President of the CDC and Permanent Vice-President of the Special Committee for promoting the preparation and implementation of the Funan Techo Canal Project, led an inter-ministerial meeting to review the progress of the groundbreaking ceremony for the Funan Techo Canal project, which is scheduled to take place on August 5, 2024 under the presidency of HE Hun Manet, Prime Minister of the Kingdom of Cambodia.

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This afternoon meeting was also attended by the Minister of Public Works and Transport, the Governor of Kandal province, representatives of relevant ministries and institutions, National Committee for National and International Festival, and many professional officials.

 

funan-techo-canal-transport-costs-5-times-lower-than-by-land

 

According to the result of the comparative profit study, it has shown that water transport costs 2 times lower than rail transport and up to 5 times lower than land transport because water transport is low in cost, safe, capable of storing large quantities of goods, and contributes to reducing environmental impact.

Therefore, the Funan Techo Canal Project will contribute to the promotion of water transport in Cambodia to have more potential as part of making the society and the national economy more prosperous.

 

funan-techo-canal-transport-costs-5-times-lower-than-by-land

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