Thai mobile phone company Samart is planning to invest in a power plant in Cambodia
to cushion the risks from the highly-competitive cellular business in Thailand.
Samart president Watchai Vilailuck said the company hoped to sign a deal with the
government in the next two months to invest in a power plant to tap growing demand
He said the power plant is a long-term investment with a concession period of around
30 years. Samart will have profit of up to $26 million a year if the project is successful.