• My Saves
  • My Feed
  • My Interests
  • Advertise
  • Governing Body
  • From The Founder's Desk
  • Contact Us
The Better Cambodia
  • News
    NewsShow More
    Cambodia and Germany Launch Green Growth Initiative in Battambang, Marking 25 Years of Environmental Cooperation
    Cambodia and Germany Launch Green Growth Initiative in Battambang, Marking 25 Years of Environmental Cooperation

    Battambang, Cambodia – The Ministry of Environment and the German Embassy in…

    By
    TBC
    Cambodia Attracts $4.2 Billion in Investments in First Five Months of 2025, Says PM Hun Manet
    Cambodia Attracts $4.2 Billion in Investments in First Five Months of 2025, Says PM Hun Manet

    Phnom Penh, June 20 – Cambodian Prime Minister Hun Manet announced a…

    By
    TBC
    Car Tyre Exports Surge 80% in Early 2025 Amid Manufacturing Expansion
    Car Tyre Exports Surge 80% in Early 2025 Amid Manufacturing Expansion

    Phnom Penh, June 21 — A robust increase in car tyre exports…

    By
    TBC
    UK Joins Mekong River Commission as Development Partner, Strengthens Regional Climate Resilience Efforts
    UK Joins Mekong River Commission as Development Partner, Strengthens Regional Climate Resilience Efforts

    Phnom Penh – In a significant move to address climate vulnerabilities in…

    By
    TBC
    CCDYA and Influencers with 10 Million Followers Join Hands to Promote “Visit Cambodia in the Green Season” Campaign
    CCDYA and Influencers with 10 Million Followers Join Hands to Promote “Visit Cambodia in the Green Season” Campaign

    Phnom Penh — The Cambodia-China Digital Youth Association (CCDYA), in collaboration with…

    By
    TBC
  • Editors Pick
    Editors PickShow More
    Cambodia’s Steady Commitment to Peace and Law in the Face of Border Challenges

    In recent days, changes along the Cambodia–Thailand border have drawn regional attention.…

    By
    Surya Narayan
    Cambodia’s Fiscal Discipline Builds Confidence for Growth and Investment

    Cambodia is steadily earning a reputation for sound financial management and disciplined…

    By
    Surya Narayan
    Cambodia’s Trade Resilience: Turning U.S. Tariff Hikes into Regional Growth Opportunities
    Cambodia’s Trade Resilience: Turning U.S. Tariff Hikes into Regional Growth Opportunities

    On April 2, 2025, U.S. President Donald Trump announced sweeping tariff increases…

    By
    Surya Narayan
    Cambodia’s Rise as a Manufacturing and Investment Hub: A Global Perspective

    In recent years, Cambodia has emerged as a preferred destination for manufacturing…

    By
    Surya Narayan
    Cambodia’s Commitment to Environmental Sustainability

    Cambodia is taking remarkable strides towards environmental conservation, as demonstrated by the…

    By
    Surya Narayan
  • Stories
    StoriesShow More
    The Timeless Tale of Vorvong and Sorvong: A Glimpse into Khmer Folklore

    The epic Khmer folklore of Vorvong and Sorvong stands out, weaving a…

    By
    Surya Narayan
    Empowering Cambodian Youth: Anjali House’s Mission to Shape Futures

    In the heart of Siem Reap, Anjali House, a community learning center…

    By
    Nadalena DeJulio
    Life’s Journey: A Bike Ride Around Tonle Sap Lake

    In a remarkable display of strength and determination, Pheak Keo embarked on…

    By
    Surya Narayan
    Phare Creative Studio: 15 Years of Cambodian Creations for Social Good

    Phare Creative Studio (PCS) is a social business that has been operating…

    By
    Surya Narayan
    Dieng Dorm: The Muffin Man of Siem Reap

    Have you ever heard of the Muffin Man, SiemReap? He lives in…

    By
    Pisey Roeurm
  • Business
    BusinessShow More
    Starbucks Isn’t Just Brewing Coffee It’s Running a Bank in Disguise

    When you think of Starbucks, you probably imagine friendly baristas, cozy interiors,…

    By
    Surya Narayan
    PM Hun Manet Reinforces Pro-Business, Pro-Environment Agenda at Ford Plant Opening

    PURSAT, April 22 – Cambodian Prime Minister Samdech Thipadei Hun Manet reiterated…

    By
    TBC
    Cambodia’s Economy to Grow by 6.1% in 2025 and 6.2% in 2026, Says ADB Report
    Cambodia’s Economy to Grow by 6.1% in 2025 and 6.2% in 2026, Says ADB Report

    Phnom Penh, Apr. 9 – Cambodia’s economy is set to maintain a…

    By
    TBC
    EU and IFAD Announce €80 Million Investment to Modernise Cambodia’s Agricultural Sector
    EU and IFAD Announce €80 Million Investment to Modernise Cambodia’s Agricultural Sector

    The European Union (EU), in collaboration with the European Investment Bank (EIB)…

    By
    TBC
    Cambodia’s Rise as a Manufacturing and Investment Hub: A Global Perspective

    In recent years, Cambodia has emerged as a preferred destination for manufacturing…

    By
    Surya Narayan
  • Opinion Piece
    Opinion PieceShow More
    Cambodia’s Automotive Rise: A New Chapter in Industrial Transformation

    Over the past few decades, Cambodia has undergone a remarkable transition from…

    By
    Jas Sohl
    How Cambodian Entrepreneurs Can Successfully Set Up a Business in the United Kingdom, A Strategic Guide to Growth and Bilateral Benefits

    The United Kingdom continues to be a global leader in business, innovation,…

    By
    Jas Sohl
    Cambodia’s Trade Framework: A Gateway to Global Markets

    Over the past two decades, Cambodia has methodically established a robust regulatory…

    By
    Jas Sohl
    Cambodia’s Cashew Industry, A Future of Growth and Prosperity

    Cambodia’s agricultural sector is experiencing a strong rise in cashew production, making…

    By
    Jas Sohl
    INDO-PACIFIC IN SHARP FOCUS

    Conventional wisdom among scholars and diplomats is that the world cannot afford…

    By
    Dr Mohan Kumar
  • Press Release
    Press ReleaseShow More
    Ucare Expands Footprint With New Pharmacies at the Techo International Airport and in Koh Pich
    Ucare Expands Footprint With New Pharmacies at the Techo International Airport and in Koh Pich

    June 2025, Koh Pich, Phnom Penh – Ucare Pharmacy, Cambodia’s leading pharmaceutical…

    By
    TBC
    Wing Bank Launches a Branch in Koh Kong
    Wing Bank Launches a Branch in Koh Kong

    Wing Bank (Cambodia) Plc has further expanded its nationwide presence with the…

    By
    TBC
    Techo International Airport Welcomes Business Delegation Led by French Ambassador
    Techo International Airport Welcomes Business Delegation Led by French Ambassador

    Phnom Penh, June 8, 2025 - The future Techo International Airport (TIA)…

    By
    TBC
    CIMB Singapore and Wing Bank Forge Strategic Partnership to Boost Cross-Border Financial Services Between Singapore and Cambodia
    CIMB Singapore and Wing Bank Forge Strategic Partnership to Boost Cross-Border Financial Services Between Singapore and Cambodia

    CIMB Singapore and Wing Bank (Cambodia) Plc have entered a strategic partnership…

    By
    TBC
    ASEAN Forum Honours OCIC, Pung Kheav Se, and Thierry Tea for Outstanding Business Impact and Leadership
    ASEAN Forum Honours OCIC, Pung Kheav Se, and Thierry Tea for Outstanding Business Impact and Leadership

    May, 2025, Kuala Lumpur, Malaysia — At the ASEAN Leadership & Partnership Forum 2025 in…

    By
    TBC
  • Visit Cambodia
    Visit CambodiaShow More
    Tourism in Cambodia Surges 13.6% with Over 2 Million Visitors in First Four Months of 2025
    Tourism in Cambodia Surges 13.6% with Over 2 Million Visitors in First Four Months of 2025

    Phnom Penh, Cambodia — Despite persistent global uncertainties surrounding geopolitics, economic fluctuations,…

    By
    TBC
    Stung Treng to Host Inaugural Dolphin Festival and Kayak Races
    Stung Treng to Host Inaugural Dolphin Festival and Kayak Races This Weekend

    Stung Treng, Cambodia – In a move to boost sustainable tourism and…

    By
    TBC
    Visak Bochea Day in Cambodia
    Visak Bochea Day in Cambodia: Sacred Ceremony Held at Oudong’s Buddha Stupa

    Oudong, Kandal Province – May 11, 2025: Cambodia observed Visak Bochea Day…

    By
    TBC
    Khmer New Year Celebrated at Cambodian Embassy Event in Nagoya, Japan with Nearly 10,000 Attendees

    The Ministry of Labour and Vocational Training, in collaboration with the Royal…

    By
    TBC
    In Pictures: Angkor Sangkranta 2025 Opened by Prime Minister Hun Manet in Siem Reap
    In Pictures: Angkor Sangkranta 2025 Opened by Prime Minister Hun Manet in Siem Reap

    The Angkor Sangkranta 2025 celebrations were officially inaugurated on Monday, April 14,…

    By
    TBC
  • History
    HistoryShow More
    Cambodia Discovers 67 Fossil Sites in 13 Provinces, Including First Dinosaur Bone
    Cambodia Discovers 67 Fossil Sites in 13 Provinces, Including Its First-Ever Dinosaur Bone

    Major Discovery Highlights the Kingdom’s Ancient Natural Heritage

    By
    TBC
    Top 10 Archaeological Discoveries in Cambodia Since 2000 – Unearthing the Kingdom’s Hidden Treasures

    Cambodia, a land of ancient wonders and rich cultural heritage, has been…

    By
    TBC
    Khmer Script
    Decoding the Cambodian Alphabet (Khmer Script) – One of the World’s Most Intricate Scripts

    The Cambodian alphabet, widely known as the Khmer script, is not just…

    By
    TBC
    The Mandala: A Political Model of Southeast Asian History

    The concept of the "Mandala" in Southeast Asian political history offers a…

    By
    Surya Narayan
    Discovering the Rich Prehistoric Heritage of Laang Spean: Cambodia’s Cave of Bridges

    Laang Spean, located atop the scenic limestone hill of Phnom Teak Treang…

    By
    Surya Narayan
  • 🔥
  • Invest In Cambodia
  • Unsung Heroes/ Impact
  • The Better Asia
  • Agriculture
  • Technology
  • Places to Visit
  • Sustainability
Font ResizerAa
The Better CambodiaThe Better Cambodia
Search
  • Home
  • Stories
  • News
  • Startups
  • Cambodian Brands
  • Unsung Heroes/ Impact
  • Sustainability
  • Artisans of Cambodia
  • Invest In Cambodia
  • Guests Posts
  • The Better Asia
  • Governing Body
  • From The Founder’s Desk
  • Contact us
Have an existing account? Sign In
Follow US
  • My Saves
  • My Interests
  • My Feed
© 2025 TBC Media. All Rights Reserved.
The Better Cambodia > Blog > Guests Posts > Boros Opinion Piece > Funan Techo Canal: A Vision for Cambodia’s Economic Future
Boros Opinion PieceEditors PickGuests Posts

Funan Techo Canal: A Vision for Cambodia’s Economic Future

Last updated: August 5, 2024 5:10 am
Samheng Boros
740 Views
Share
10 Min Read
SHARE

Today marks a historical milestone with the groundbreaking ceremony of the Funan Techo Canal project. As someone deeply invested in Cambodia’s future, I am excited to share my thoughts on this transformative initiative that promises to significantly impact our nation’s economic landscape.

Contents
Local Investment and SovereigntyHistorical and Cultural SignificanceEconomic ImplicationsEmployment and Economic DiversificationRegional Connectivity and IntegrationForeign Policy and Geopolitical ConsiderationsA New Era of Progress and Self-Reliance

Prime Minister Samdech Moha Borvor Thipadei Hun Manet reassured the Cambodian people about the sovereignty and local investment involved in this ambitious megaproject. The Prime Minister emphasized that the canal, which is being developed under a Build-Operate-Transfer (BOT) model, is driven by Cambodian companies with significant participation from state-owned enterprises. Here, l aim to analyze the implications, benefits, and challenges of the Funan Techo Canal project.

Local Investment and Sovereignty

Prime Minister Hun Manet’s reassurances on the canal project’s sovereignty are crucial. The BOT model, which involves private companies raising funds for investment, ensures that the Cambodian government does not rely on foreign loans. The first section of the canal, managed entirely by Khmer companies, underscores the country’s commitment to retaining control over its infrastructure. State-owned enterprises such as Sihanoukville Autonomous Port and Phnom Penh Autonomous Port hold a 51% stake, while OCIC holds 49%. This structure demonstrates a significant shift from initial foreign ownership to predominantly local control.

The management of the second section, extending from Koh Thom to Kep province, further strengthens this narrative. With China’s CRBC reducing its stake to 49%, Cambodian companies now hold the majority share. This arrangement not only maintains national sovereignty but also signifies a strategic move to involve local businesses in national development projects.

- Advertisement -

Historical and Cultural Significance

The Funan Techo Canal is not merely an infrastructure project; it is a symbol of Cambodia’s rich historical legacy. Named after the ancient Funan Empire, the canal pays homage to a time when Cambodia was a significant player in regional trade. According to ancient Chinese texts, the Funan Empire traded with distant civilizations, including China and the Roman Empire, through similar waterways. By invoking this historical narrative, Prime Minister Hun Manet aims to inspire national pride and unity.

The canal project is a modern embodiment of the historical trade routes that once thrived in the region. By connecting Phnom Penh to the Gulf of Thailand, the canal is poised to revitalize Cambodia’s role in regional trade, mirroring the ancient glory of the Funan Empire. This connection to the past is a strategic move to garner public support and foster a sense of nationalism among Cambodians.

Economic Implications

The economic benefits of the Funan Techo Canal are manifold. Spanning 180 kilometers, the canal will link Cambodia’s capital, Phnom Penh, to the Gulf of Thailand, significantly impacting the nation’s economic landscape. The $1.7 billion project, with 51% of its cost funded by Cambodian companies, is expected to transform Cambodia into a major logistics and economic hub within the Mekong sub-region.

One of the primary advantages of the canal is its potential to enhance trade and regional connectivity. By providing a reliable and efficient transportation route, the canal will facilitate the movement of goods, reducing Cambodia’s dependence on neighboring Vietnam’s ports by up to 70% for international shipping. This strategic advantage allows Cambodia to assert its economic sovereignty and reduce reliance on external trade routes.

The canal is also projected to generate substantial revenue for the Cambodian government. In its first year of operation, the project is estimated to contribute $88 million to government revenue, with projections reaching $570 million annually by 2050. This influx of revenue is critical for Cambodia’s economic development, particularly as the country aims to become an upper-middle-income nation by 2030 and a high-income nation by 2050.

Employment and Economic Diversification

The Funan Techo Canal project promises to create around 50,000 jobs, presenting opportunities for Cambodia to diversify its income sources and economic activities. The enhanced connectivity between Phnom Penh and the coastal regions is likely to spur tourism development along the canal’s route. Regions like Kep and Kampot, which will become more accessible, are expected to experience a boom in tourism. This development could lead to the creation of new jobs and revenue flows in the hospitality and service sectors, reducing Cambodia’s dependence on traditional agricultural and manufacturing exports.

Moreover, the canal is designed to play a crucial role in regulating water flow from the Mekong River, mitigating the risks of flooding, and ensuring a reliable supply of water for irrigation and aquaculture. This improved water management capability could translate into higher agricultural productivity and greater resilience for Cambodia’s farmers, who have historically grappled with unpredictable water availability. By addressing these challenges, the Funan Techo Canal project contributes to the overall sustainability and resilience of Cambodia’s agricultural sector.

Regional Connectivity and Integration

The Funan Techo Canal is not only a national project but also a regional one. Its capacity to provide a direct maritime link to the Gulf of Thailand positions Cambodia as a key player in regional trade and investment. Improved regional integration could open up new market opportunities for Cambodian businesses and strengthen the country’s position as a regional economic hub. This project aligns with Cambodia’s values of sustainability, innovation, and global cooperation, fostering a more interconnected and prosperous Southeast Asia.

Despite its potential, the canal project has faced criticism and doubts, as is common with ambitious undertakings. Concerns about environmental impact, displacement of communities, and the financial viability of the project have been raised. However, the Cambodian government has committed to ensuring accountability, transparency, and regional collaboration. By upholding international agreements such as the 1995 Mekong Agreement and the UN Sustainable Development Goals, Cambodia aims to address these concerns and demonstrate its commitment to responsible development.

Foreign Policy and Geopolitical Considerations

As a post-conflict country, Cambodia places utmost importance on peace and security. The Funan Techo Canal project is a testament to Cambodia’s independent and neutral foreign policy, centered on the principle of “friend to all and enemy to none.” 

Prime Minister Hun Manet’s emphasis on national sovereignty and local investment reflects Cambodia’s strategic approach to balancing relationships with regional and global powers. This approach has helped Cambodia maintain stability and foster positive relations with its neighbors. The canal project, with its focus on regional connectivity and economic integration, aligns with Cambodia’s vision of “peace, friendship, and development.”

A New Era of Progress and Self-Reliance

The Funan Techo Canal project is a transformative initiative with the potential to propel Cambodia towards a more prosperous and resilient economic future. By enhancing trade logistics, diversifying income sources, improving water resource management, and fostering regional connectivity, the canal addresses key challenges and opportunities for Cambodia’s development.

Prime Minister Samdech Moha Borvor Thipadei Hun Manet’s commitment to retaining national sovereignty and local investment underscores the project’s significance as a symbol of Cambodia’s independence and economic aspirations. The canal’s historical and cultural significance, coupled with its economic and strategic benefits, make it a landmark project in Cambodia’s journey towards sustainable development.

As Cambodia witnesses the groundbreaking ceremony of the Funan Techo Canal project, the nation stands on the brink of a new era of growth and self-reliance. The project’s success will depend on continued accountability, transparency, and collaboration, ensuring that the canal becomes a cornerstone of progress for future generations. Through strategic investment and visionary leadership, Cambodia is poised to transform its economic landscape and secure a prosperous future for its people.

About the Author: H.E. Samheng Boros, an inspiring Minister attached to the Prime Minister, is a passionate advocate for youth empowerment. With a deep admiration for sports, education technology, and innovation, he serves as the honorary president of The Better Cambodia, leading positive change and fostering a brighter future for the nation.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Sign up for The Better Cambodia's newsletter to receive the latest articles and stories. Stay informed and inspired with our positive content!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any buzzstream.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
BySamheng Boros
Follow:
A distinguished Cambodian politician, serves as the Honorary President of The Better Cambodia, a platform dedicated to promoting positive narratives and developments within the Kingdom.
Previous Article Cambodia and Ukraine Explore Potential for Enhanced Bilateral and Multilateral Cooperation
Next Article Revitalizing National Identity: The Funan Techo Canal Project Underway
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

You Might Also Like

Editors PickInvest In CambodiaNews

A $47 million flyover project for Phnom Penh was officially kicked off by the PM.

By
Surya Narayan
Boros Opinion PieceOpinion Piece

The Importance of Women’s Empowerment in the Community

By
Samheng Boros
Boros Opinion PieceOpinion Piece

Healthy rural ecosystems will drive Cambodia’s economic growth

By
Samheng Boros
Editors PickEducation

The Inspiring Story of Sakichi Toyoda – A Lesson in Dedication and Perseverance for Cambodia’s Young Entrepreneurs

By
Surya Narayan
© 2025 TBC Media. All Rights Reserved.
No thanks.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up