Cam-Tai Cambodia Electric Power Company will sign a $95 million contract with the
government in early August to build the country's largest power plant in Siem Reap.
CEO David Meng told the Post on July 31 that the 72-megawatt facility would be funded
by the World Bank and include transmission lines and a power distribution network.
The heavy fuel oil plant will operate independently of the state power utility, Electricité
du Cambodge (EdC). Cam-Tai, a joint venture with stakeholders in Thailand, Japan
and the US, also operates power plants in China, Taiwan and Sweden. Meng said construction
would not begin for another nine months while the loan's terms are finalized.