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. …
