Two more Cambodiaa border markets along the border line between Cambodia and Vietnam have been planned to build in Kampot and Svay Rieng provinces.
Head of Cambodian government said that the establishment of Cambodia border markets will facilitate trade activities between the two countries, particularly along border line.
The announcement of building two Cambodia border markets was made after the first Cambodia border market, located in Tbong Khmum province, shares border to Vietnam’s Tay Ninh province, was inaugurated in December 24.
Speaking in the inauguration ceremony, Samdech Techo Hun Sen, Prime Minister of Cambodia, ordered governors of Kampot and Svay Rieng provinces to find proper locations for building the border markets which are to facilitate local people living along the border area.
The first Cambodia border market or called ‘Phsar Da’ was built over 2 hectares of land in a special economic zone in Tbong Khmum province’s Memot district. It is suited about 300 meters away from border line to Tay Ninh province. The market building cost US$2 million which the budget came from Vietnamese government.
The market is expected to be a lucrative hub and employment creator for traders from Cambodia and Vietnam. Meanwhile, it also is a blueprint for the further development of similar markets along the Cambodia-Vietnam border.
The market is for selling only products from Cambodia and Vietnam.
Samdech Techo Hun Sen said the two border markets will be built using the budget from the Royal Government of Cambodia.