$450 million investment agreement signed [with China]

$450 million investment agreement signed [with China]

Saturday, June 2, 2007
Everyday.com.kh

Translated from Khmer by Socheata
On 30 May 2007,

the Chineseprovince of Kwangsi signed an agreement with Cambodia on a plan for 4 investments amounting to $450 million. The 4 investments include:

1. Development of new housing in Sihanoukville


2. Construction of a new oil terminal in Sihanoukville


3. Development of a potato plantation and a potato processing plant


4. Construction of 16-kilometer of BOT (Build/ Operate/ Transfer) highway linking Phnom Penh city and the
   Phnom Penh international airport.

These 4 investments become effective immediately upon signature of the agreement.

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