Cambodia secures $11bn funding to boost iron exports

Work will start this year on a 400km railway line and a new seaport in Cambodia, with most of the funding coming from Chinese sources. Cambodia Iron and Steel Mining Industry Group (CISMIG) and China Railway Major Bridge Engineering have signed an agreement to jointly invest US$11.2 million in the projects. CISMIG is 70 per cent Chinese-owned. …

http://eandt.theiet.org/news/2013/jan/cambodia-railway.cfm