Vietnam Backs Cambodia's $1.7B Funan Techo Canal: Aim for Collaboration on Environmental Solutions

Vietnam has expressed support for Cambodia's $1.7 billion Funan Techo Canal project, which aims to divert a significant portion of Cambodian shipping away from Vietnam. Vietnam also seeks involvement in addressing the canal's potential negative effects, according to a foreign ministry spokesperson.

Vietnam has voiced its support for Cambodia's ambitious plan to construct the $1.7 billion Funan Techo Canal, a venture aimed at diverting a substantial portion of Cambodia's shipping from Vietnam, as reported by a foreign ministry spokesperson on Thursday.

The groundbreaking ceremony for the canal took place on Monday, marking the commencement of a project that is significant for both nations. Vietnam has also shown interest in collaborating on solutions to mitigate any adverse environmental impacts the canal might cause.

According to the Cambodian government, the canal will connect the Mekong River basin to the Cambodian coast, fundamentally altering the region's shipping dynamics.

(With inputs from agencies.)