AsiaPorts and Logistics
Sihanoukville port delays IPO again
The stalled efforts by Cambodia’s largest port to get an IPO out the way have suffered another setback.
Sihanoukville Autonomous Port says it will now look to list in February next year, having earlier earmarked this year for the IPO. The port has cited land title and taxation issues for the latest delay.
Cargo throughput at the port reached 2m tonnes in the first half of 2016, an 8% year-on-year increase.
The port has been talking about listing for a long time, with three failed attempts in the last four years.