News

No end date in sight for oil plant completion

Cambodia Petroleum Company says its $2.3 billion oil refinery is still in the early stages of construction, after being delayed twice since it announcement in 2013. The landmark oil refinery, to be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected to be ...

Chan Muyhong
http://www.phnompenhpost.com/business/no-end-date-sight-oil-plant-completion

EDC plans power line linking lake provinces

Electricite du Cambodge (EDC) will spend $167 million to install a 350-km-long high-voltage transmission line connecting four provinces around the Tonle Sap lake, the state-owned utility announced in a press release Monday. ...

Ouch Sony
https://www.cambodiadaily.com/news/edc-plans-power-line-linking-lake-provinces-79879/

Planning delays oil refinery’s progress

Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...

Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress

China's Exim Bank lends $121m to Cambodia for irrigation, power grid

The Export-Import Bank of China (Exim Bank) on Wednesday signed up to provide a concessional loan of $121 million to Cambodia for irrigation system and power transmission line development. The agreement was inked between Cambodian Finance Minister Aun Porn Moniroth and visiting Chairman of the Exim ...

Global Times News Staff
http://www.globaltimes.cn/content/818151.shtml#.Ul9cuPnTxe8

Cambodia takes $430m China loan

Cambodia yesterday signed deals for about US$430 million in loans from China, the latest in a number of high-profile borrowing deals with its northern neighbour. The bulk of the loans, from Export-Import Bank of China, would go towards two national road projects and a multipurpose dam ...

http://www.phnompenhpost.com/index.php/2012061456790/Business/cambodia-takes-430m-china-loan.html

China to continue helping Cambodia with infrastructure

China will continue to help Cambodia with its infrastructure and raise living standard of its people, said Pan Guangxue, Chinese ambassador to Cambodia here Monday. Speaking at the inauguration ceremony of Cambodia’s 57 national road Battambang-Pailing section in Battambang, Pan said “The completion of the road ...

http://www.chinadaily.com.cn/bizchina/2012-03/13/content_14820472.htm

China, Cambodia Ink 29 Agreements for Economic and Trade Ties

The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...

http://thesoutheastasiaweekly.com/

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