Cambodia International Political Economy

Leader Universal Holdings, Southeast Asia’s biggest cable and wire group based in Malaysia, has announced it will invest in Cambodia $160 million according to Reuters.

The Cambodia investment will go towards the development of a coal-fired power plant in the coastal province of Sihanoukville in southern Cambodia.

The Leader Universal investment in Cambodia is part of a Cambodian government plan to attract as much as $3 billion in foreign direct investment to build a coal power plant and six hydro power plants by 2018 as energy demand in Cambodia continues to rise.