Tuesday, 15 September 2009

China inVests US$1.7 Billion in Cambodian Hydropower

Written by DAP NEWS -- Tuesday, 15 September 2009

PM Hun Sen on Monday said that China side is investing US$1.7 billion to develop 6 places electric hydro-power projects to supply 700MKW to the kingdom.

China will help Cambodia end shortages and become an electricity exporter, he said at a ceremony to mark the construction of a new bridge in Kandal province, another Chinese project worth nearly US$28 million, with over US$3 million supplied by the Cambodian Government

Phnom Penh city needs 300 MKW of power in the daytime but at nighttime the requirement drops to 100 MKW because many factories, he said.

“I will go to open one electric power project soon and hydropower will provide 210 MKW,” the premier added. “We will not lack electricity soon. We are also seeking investment from China to develop other hydropower besides the Kirirom, Atay, Aray, and Areng projects.”

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