Toll Group Mum on Possible Rail Project Exit

Australian transportation solutions provider Toll Holdings remained silent yesterday on whether it would be pulling out of its 30-year contract to operate Cambodia’s railway system. In a report published on Tuesday, the Sydney Morning Herald cited “reliable sources in Cambodia” as saying that the company would be exiting its joint concession alongside Cambodia’s Royal Group to operate the $140 million railway rehabilitation project, which it signed with the government in 2009. …