Infrastructure
Toll Royal Railways Yet to Spend Pledged Funds
Toll Royal Railways, the company holding the 30-year concession to operate Cambodia’s rail network, has so far only spent a tiny fraction of the millions of dollars of investment it promised upon winning the deal, documents of the firm’s expenditure show. The operation of the railways ...
Villagers Petition Against Dam
Ethnic minority villagers expecting to be displaced by a proposed Chinese-built hydroelectric dam in northeastern Cambodia are asking the country’s parliament not to approve a law providing financial guarantees for the project. Villagers living along three rivers that will be affected by the dam spoke ...
http://www.rfa.org/english/news/cambodia/villagers-02142013163955.html
Civil society seeks to delay new dam on Sesan River
Civil society groups urged the National Assembly Thursday to delay the adoption of a bill on the construction of a $780 million dam on the Sesan River in northeast Cambodia. Chhit Sam Ath, executive director of NGO Forum, told a news conference that estimates of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTNhN2RjN2M1ZTA
Energy Minister Defends Lower Sesan 2 Project
Energy Minister Suy Sem yesterday defended a draft law on the financing of a massive dam project in Stung Treng province which is slated for debate at the National Assembly on Friday. Environmental groups have called debate of the law premature, as no consultation with local ...
Cambodia launches project to develop biomass-fuelled energy technologies
Cambodia’s Ministry of Industry, Mines and Energy on Thursday launched a four year project, aiming at promoting the development of biomass-fueled renewable energy generation technologies in industrial sector, officials said. The 5.6 million US dollar project will provide technical and partial financial support for the ...
Insight: Cambodia's $11 billion mystery
The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot’s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies ...
http://www.reuters.com/article/2013/02/13/us-cambodia-china-idUSBRE91C1N320130213
Preah Vihear Families File Complaints As Land Set Aside for Airport
More than 60 families living in Preah Vihear province filed a complaint with rights group Ahdoc yesterday after officials announced that their land had been set aside for a new airport and would not be measured for private land titles, local officials said. Adhoc Preah ...
Lawmakers to Discuss Sesan 2 Dam Draft Law
The National Assembly has announced that it will discuss a draft law on the financing of a controversial dam project in Stung Treng province on February 15, a move environmental groups called premature. Meach Mean, coordinator for 3S Rivers Protection Network – which has been ...
News Analysis: Cambodia Viewed As "Best" Investment Venue For Thais
Cambodia is considered “the most promising country” in the ASEAN community where Thai business entrepreneurs could set up trade and investment projects, according to a noted Thai academic and economist. Roongrote Benjamasuthin, director of the University of Thai Chamber of Commerce’s ASEAN Business & Economic Center, ...
http://news.xinhuanet.com/english/indepth/2013-02/09/c_132162078.htm
Concern Over Chinese Investment
Cambodia’s largest opposition party has expressed concern that China’s investment in the country is heavily skewed towards exploiting natural resources, wreaking havoc on the environment. China is Cambodia’s largest investor by a wide margin, having poured U.S. $9.7 billion into the country over the past 18 ...
http://www.rfa.org/english/news/cambodia/china-02072013175545.html
French Firm Out of Railway Rehabilition Project
The head of the government department in charge of railways made a dramatic about-face yesterday, saying that French construction firm TSO (Cambodia) Co. Ltd. was being thrown off the donor-funded railway rehabilitation project. Contacted on Tuesday, Ly Borin, director of the Transport Ministry’s railway department, denied ...
Investment Or Imperialism? Tracking China's Big Ambitions In Cambodia
A few years ago this scene would have played out in China. More specifically, it would have played out in a Chinese coastal region to which millions of rural folks had arrived looking for work. A huge hangar, piles of fabrics of all colors at both ...
Government Orders Railway Repairs to Start
The government has ordered French construction firm TSO (Cambodia) Co. Ltd. to resume work repairing the railway line between Phnom Penh and Serei Saophoan City in Banteay Meanchey province, an official said yesterday. The French firm has been contracted to rehabilitate the France-build railway – a ...
Cambodia's energy costs deter investors
Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...
http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html
France Ready for Talks on Gas Power Plant
Utilities giant Electricite de France (EdF) is preparing to enter negotiations with Cambodia over the construction of a power plant to use up natural gas locked up in disputed waters off the country’s coast, France’s ambassador-in-waiting to Cambodia said on Tuesday. Serge Mostura, who is still ...
http://www.cambodiadaily.com/business/france-ready-for-talks-on-gas-power-plant-9596/
Cambodia attracts 9.17 bln USD investment from China in last 18 years
Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...
http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm
Russian Firm Steps Up Dam Deal
Laos has stepped up plans for three hydropower dams on Mekong River tributaries, updating an eight-year-old deal with a Russian investor to build the projects for U.S. $1.5 billion. Lao authorities signed a project development agreement with Russia’s Regional Oil for the Sekong 4, Sekong 5, ...
http://www.rfa.org/english/news/laos/hydropower-02062013151208.html
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Relocation site has villagers worried
Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...
http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html
Draft Law for Lower Sesan Dam Details Plans for Compensation
A draft law on the financing of a controversial dam project in Stung Treng province obtained yesterday shows that about $38 million will be spent on the resettlement of almost 800 families. This marks a significant decrease from the more than 1,000 families the companies ...
Company Building Lower Sesan 2 Dam Gets OK to Clear Land
Representatives of a massive hydropower dam project in Stung Treng province’s Sesan district approached local authorities late last month informing them that the government had granted the company permission to clear 36,000 hectares of land for a reservoir, officials said on Sunday. The 400-megawatt Lower Sesan ...
http://www.cambodiadaily.com/news/company-building-lower-sesan-2-dam-gets-ok-to-clear-land-9252/
Australia Courted for Further Railway Funding
The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday. Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian ...
http://www.cambodiadaily.com/business/australia-courted-for-further-railway-funding-9422/
Cambodia's fuel needs increased in 2012
Cambodia spent more than $1.6 billion importing fuel oil and petrol last year, a figure 14.3 per cent higher than for 2011, the Ministry of Commerce said yesterday. The money spent on importing 1.6 million tonnes of petrol and fuel oil – 100,000 tonnes more than ...
http://www.phnompenhpost.com/2013013161091/Business/cambodia-s-fuel-needs-increased-in-2012.html
Dam in Northeast Built on Earthquake Site, Study Finds
Experts are recommending that a proposed dam on the Sesan River in northeast Cambodia be equipped with earthquake protection measures, after discovering a quake occurred in the area some 30 years ago. The proposed Lower Sesan II dam would be situated on a site in Stung ...