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Logo of Phnom Penh Post newspaper Phnom Penh Post - Not set in concrete

Not set in concrete

Siam Cement Plc of Thailand is considering investing $150 million in neighboring

countries, most of it in a cement plant in Cambodia, where its Phnom Penh operations

were severely damaged during the anti-Thai riots in January 2003.

President Pramote Techasupatkul says the company wants to expand into Cambodia because

it has a high cement consumption.

However, political stability would be a key determiner for the decision, he said.

Most of the cement used in Cambodia today is imported from Thailand and Indonesia.

The company was unable to identify a location for the plant, the number of jobs created,

or when a decision would be made.

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