Saturday, 11 September 2010

Cambodia to get $3b investment

via CAAI

September 10, 2010

A Chinese company plans to pump $3 billion into Cambodian energy, property, and aluminum processing projects, an official said on Thursday.

The proposed investment by China Inner Mongolia Erdos Hongjun Investment Co emerged after a meeting on Wednesday in Phnom Penh.

The firm plans to build a 700-megawatt coal power plant in the popular seaside resort of Sihanoukville.

Source:China Daily

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