Two Chinese firms have reached a deal to build a 400-kilometre rail line, a steel plant and a sea port in Cambodia worth a combined US$11.2 billion.
It would be by far the biggest-ever investments in the impoverished country.
Cambodia Iron and Steel Mining Industry had contracted China Railway Group to build a railway to link a steel plant in Preah Vihear province in the north to a port at the southern commercial island of Koh Kong, the Cambodia-based firm's chairman, Zhang Chuan Li, said yesterday.
via Business feed http://www.scmp.com/business/china-business/article/1118624/cambodia-iron-and-china-railway-invest-us11b-cambodia
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