Company |
KTC Cable Co.,Ltd |
Company profile |
KTC Cable was registered in Seoul, South Korea on August 2005 and focus on electric and optical wire production for all telecommunication network. In 2006 this company received the ISO 9001-2008. This company joined the investment with K-water Turben Investment, a Korean company and Sinohydro, a Chinese company to develop a Pursat 1 hydropower with the capacity of 80 Mw and technical advice by Hyundia Engineering. |
Registration investment capital |
USD 232,210,000 |
Company registration date |
6-Dec |
Company registration code |
Not found |
Director |
Mr. KIM Myung-IL |
Director residence |
Korea |
Company address |
Tumnup Kopsrov road, Trapaengpou village, Sangkat Kork Roka, Khan Dangkao, Phnom Penh |
Status of the EIA reports |
Completed study |
State agency |
Ministry of Mines and Energy |
Site |
The site is approximatly 95,5 Km from Pursat provincial town and 185,22 Km from Khemarak Phumin provincial town of Koh Kong province |
Village |
Stueng Thmei |
Commune |
Pramaoy |
District |
Veal Veng |
Province |
Pursat |
Contract duration |
35 year |
Size in Hectare |
9,355 |
Type of concession |
Hydropower dam |
EIA company |
SAWAC Consultants (Cambodia)Co.,Ltd |
Backgrounds of EIA company |
Not found |
Address of EIAs company |
Not found |
Relevants law |
This project has been studied and implemented in? accordance to 16 legal frameworks, 7 sub-decrees, general guidelines for environmental impact assessment reports, National Policy on Green Growth and the Royal Government's Rectangular Strategy. |
Revenues and expenditures |
Unknown |
Social alnd environmental impacts |
The Stung Pursat hydropower project will provide the electricity to develop all sectors. To the local area, it will construct the road infrastructure and change to a tourism site with a large water reservoir which will be suitable for fishery conservation. The project will build the roads, buildings and offices for the staffs, park and other physical infrastructures. |
Employment opportunity |
The company plans to employ the staff during the construction, transmission and substation for 4 years: 400 people (300 Cambodians and 100 foreigners). |
Public participation |
Public consultations related to the project were conducted during the ESIA study from February 10 to September 9, 2008 and updated in September 2015 and again from October to November 2017. The public consultation involves officials from ministry staffs, provincial department staffs, Conservation International staffs, Fauna and Flora International staffs, local authorities and citizens. |
Land converted from |
The project covers a total area of ??9355 hectares and is located in the permanent reserve forest of 4199.2 hectares (45%), 399.7 hectares (4%) of the Cardamom Mountains of Central Highlands and 4756.1 hectares (51%) of the Phnom Samkos Wildlife Sanctuary, total affected forest area is 6007.24 ha, of which there are 351.62 hectares of community forest. The project will completely eradicate 864.46 hectares of dense forest, 850.25 hectares of semi-dense forest and 4291.5 hectares of deciduous forest. |
Environmental management plan |
The company has developed and set up a number of environmental management plans such as monitoring institutions, training programs and monitoring programs to monitor the implementation of environmental protection measures to mitigate and reduce negative environmental impacts to ensure the sustainability of the management of natural and social resources. |
Development plan |
The project will build 1226,5 million cubic meters of reservoir extending 8591 hectares and 13 electricity transmission poles requiring 225 square meters of land as part of the infrastructure plan and 30-km road rehabilitation project. |
Mitigation strategies |
The company has developed and identified a number of important measures to prevent and mitigate negative environmental impacts in order to ensure effective environmental resource management in accordance with technical and environmental standards, and to ensure that the project develops sustainably. |
Environmental and social funds |
For 35 years, the company has allocated USD 826,400 for social and environmental funds (USD 667,680 for environmental funds and USD 158,800 for social funds). Environmental funds will be used for tree planting, community forest conservation, forestry and fisheries conservation, and social funds will be used in village and commune budgets. |
EIA publication year |
2017 |