Phnom Penh (FN), Sep. 9 – Cambodia and Singapore has kicked off Phnom Penh Logistics Complex Project.
The virtual meeting, held on 9 September 2020, was presided over by Cambodian Minister of Public Works and Transport Sun Chanthol and Singaporean Second Minister for Finance and National Development Indranee Rajah; and attended by representatives of Cambodia’s Ministry of Public Works and Transport, Ministry of Economy and Finance, and the Council for Development of Cambodia, Singapore’s largest home-grown logistics solutions and supply chain company, YCH Group Executive Chairman Robert Yap, Infrastructure Asia Executive Director Seth Tan.
The meeting demonstrates the political commitment from both governments to provide strong support for the private sector-led endeavour.
“The joint collaboration between YCH and Infrastructure Asia, aims to provide an innovative solution that will help build on the Phnom Penh Logistics Complex initiative. The project will further develop Cambodia’s logistics and supply chain infrastructure as part of the Smart Growth Connect Initiative, an ASEAN Business Advisory Council legacy project, to not only implement modern supply chain solutions, but also to support growth in the logistics sector across ASEAN,” according to the media release seen by Fresh News on Wednesday.
Singapore Ambassador Michael Tan congratulated YCH and Infrastructure Asia on their appointment as the project partners for the Phnom Penh Logistics Complex and encouraged them to work closely with the relevant ministries to conclude the next milestone of the project.
This year, 2020, marks the 55th anniversary of Cambodia-Singapore diplomatic relations. Cambodia was one of the first countries to recognise Singapore’s independence.