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PHNOM PENH – The Tonle Bassac Navigation and Logistics System Project, the waterway that will connect Phnom Penh to Kampot via the Bassac River, has been approved by the government.
Spokesperson Phay Siphan said Prime Minister Hun Sen decided to back the project in the cabinet meeting on May 19.
The 180km waterway project is estimated to cost about $ 1.7 billion and take about four years to build, passing through Kandal, Takeo and Kep provinces.
It will reduce shipping costs and mean goods can be imported and exported without going through Vietnam.
This approval came after the Ministry of Public Works and Transport technical experts conducted two years of studies in collaboration with the Chinese state-owned China Road and Bridge Corp and CCCC Water Transportation Consultants Co Ltd.
It was reported that the project was feasible on technical grounds and would not have a negative environmental or ecological impact and would follow the 1995 Mekong law.