Power line investment approved

28 October 2013
The Phnom Penh Post
Domestic investors / Economy and commerce / Energy / Energy policy and administration / Foreign investors / Generation and distribution facilities / Infrastructure / Investment / Phnom Penh
ALEX Corporation Co. Ltd / Cambodia Energy Limited / China Heavy Machinery Company / Council of Ministers / Ministry of Industry Mining and Energy / Phay Siphan / Prak Chan Reuon

The Cambodian government has entered into a public-private partnership with a little-known company named ALEX Corporation Co Ltd to develop power lines from plants in Preah Sihanouk province to Phnom Penh, according to the Council of Ministers.

The private firm will invest $119.1 million in a build-operate-transfer agreement to construct and run the infrastructure before handing it over to the government at the end of a 29-year lease. …

 Hor Kimsay
http://www.phnompenhpost.com/business/power-line-investment-approved