via CAAI News Media
Power project approved
Tuesday, 12 January 2010 15:00 Nguon Sovan
THE Council of Ministers has backed the construction of a $107.6 million electricity sub-station and 230-kilovolt transmission line project from Phnom Penh to Kampong Cham, according to a statement received by the Post Monday. The project – which was agreed Friday, according to the statement – will by carried out by Cambodian Transmission Ltd as part of a 28-year build-operate-transfer agreement. The company is to build one electricity substation in Phnom Penh and another in Kampong Cham town, with a transmission line running 110 kilometres between the two points.
Cooperation required
Tuesday, 12 January 2010 15:00 Steve Finch
ASEAN should adopt a new development model in which governments embrace the private sector, the bloc’s Secretary General Surin Pitsuwan said Monday. Speaking in Jakarta, the secretary general said the world was moving away from an approach by which governments “are doing everything by themselves”, adding that companies were necessary to help funding and develop technology. Surin was discussing strategies to carry out the Comprehensive Asian Development Plan, an overarching blueprint for regional cooperation and integration, with the heads of Nippon Keidanren, Japan’s association of business organisations.
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