24 January 2013
http://eandt.theiet.org
Rail track
Work will start this year on a 400km railway line and a new
seaport in Cambodia, with most of the funding coming from Chinese
sources.
Cambodia Iron and Steel Mining Industry Group (CISMIG) and
China Railway Major Bridge Engineering have signed an agreement to
jointly invest US$11.2 million in the projects.
CISMIG is 70 per cent Chinese-owned.
The
railway line will cost $9.6 billion to build and will run from Preah
Vihear province through Kampong Thom and Kampong Speu to Koh Kong.
Construction of the seaport in Koh Kong will cost $1.6 billion.
It will support the metal and mining industries in Preah Vihear, providing an outlet for exports to China and other markets.
Work on both projects will begin in July and is due to be completed in November 2017.
1 comment:
If CISMIG is 70 owned, and China Railway Major Bride is also Chinese, what is there left for Khmer? It's free metal for Chinese and paid for with $9.6 Billion investment.
Post a Comment