Cambodia has four international ports which include one deep seaport in Sihanoukville, one river port in Phnom Penh connecting to Vietnam, as well as one multi-purpose seaport and one tourism port, both located in Kampot province. Cambodia also has four oil terminals which are importing oil from Vietnam and Singapore. With support from the Japanese government, Sihanoukville Autonomous Port is building a new container terminal of 14.5 meters depth to accommodate bigger vessels and more container traffic, which is planned to open by early 2027. A second phase of expansion is planned for 2029 and will expand the capacity of the port to 2.63 million TEUs per year, up from 1 million TEUs currently. There are potential commercial opportunities in port technologies and related equipment. In August 2024, the Cambodian government held a groundbreaking ceremony for the “Funan Techo Canal,” an estimated $1.7 billion waterway project which aims to connect the Bassac River in Phnom Penh to a seaport in Kep with the goal of facilitating the shipment of goods and reducing logistics costs and transportation times.