CPP Promises Oversight on Royal Group’s Dam
The government has promised to monitor the progress of local conglomerate Royal Group in its implementation of a $781 million dam project in Stung Treng province, that has been guaranteed by the government, CPP lawmaker Cheam Yeap said yesterday. ... Mr. Yeap said yesterday that the ministries of finance and energy are overseeing the project to ensure that the company does not go over-budget, and that costs are also not inflation. Royal group is working with China's Hydrolancang International Energy Co. Ltd. on the project. ...
