The Electricity Generating Authority of Thailand plans to invest in the Cambodia economy through development of a new coal-fired power plant according to the Bangkok Post.
The $4.5 billion project will allow Thailand to source 3,000 megawatts of energy and will continue to help the Cambodia economy with jobs and construction contracts.
China is likely to be the biggest partner in the project in addition to a smaller stake by the Cambodia government.
Nonetheless, such investment in the Cambodia economy should help encourage more foreign investment to help the country compete more aggressively in the region.
Cambodia Economy cambodia economy cambodia government china coal fired power plant foreign investment thailand
1 response so far ↓
1 Rithy // Nov 2, 2007 at 7:09 pm
It sound good to hear that. I hope more investor will come!
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