MALAYSIAN firm Leader Universal Holdings announced it has contracted Beijing-based Huadian Engineering Company to build a 100-megawatt Sihanoukville coal power plant due by 2012. Huadian is a major producer of electricity in China, controlling 23,718 megawatts capacity in the country as of July. The Sihanoukville plant is 80-percent owned by Leader’s Cambodian subsidiary, with the remainder held by Cambodian International Investment Development Group. Leader is pursuing a separate proposal to build a 700-megawatt coal plant in Sihanoukville by 2015.
China firm to build plant
- Proof giants walked among us humans?
For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,
- New US bill ‘is a violation of Cambodian independence’
After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty
- Long way to go before Cambodia gets a ‘smart city’
Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up
- Japan bank buys major stake in ANZ Royal Bank
Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group