Monday, 13 December 2010
Chun Sophal
The Phnom Penh Post
PRIME Minister Hun Sen will sign an agreement in China this week for the construction a US$362 million coal-fired power plant in Sihanoukville province, to be run as a joint venture between a local company and a Chinese firm.
The plant, approved by the Council of Ministers on Friday, is set to be built in Stoeng Hav Industrial Zone with a capacity of 270 MegaWatts of energy once complete, according to a government statement.
Cambodia International Development Group Co Ltd, a joint venture between unnamed local and Chinese firms, was granted a 33-year concession to build and operate the plant starting from next year.
Hun Sen said yesterday that he would sign a contract with China regarding the project during his five day-official visit to the People’s Republic this week.
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