Toll Royal derails regional projects
The unclear future of Cambodia’s national railway, following Toll Royal Railways’ suspension of operations on March 31, has cast doubt not only on the oft-delayed redevelopment project but also on a larger build-out expected to connect much of Asia. Toll Royal, a joint venture by Australian ...
Toll trains said to stop March 31
Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...
http://www.phnompenhpost.com/index.php/2012032055123/Business/toll-trains-said-to-stop-march-31.html
Oil exploration in Cambodia
In Southeast Asia, Cambodia is one of the countries rich in natural resources—gemstones, gas, oil, phosphates, manganese, iron ore and timber.1 Since the early 2000s, many companies like Thailand’s PTT, Petro Vietnam and China National Offshore Oil Corp (CNOOC) have searched for possible oil reserves ...