Phnom Penh, December 29, 2010 AKP --
A ground-breaking ceremony for the construction of 338 megawatt Russey Chrum Krom hydroelectric dam in Mondul Seima district of Koh Kong province was held on Dec. 28 in the presence of Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.The construction project of the dam, carried out by China Huadian Corp. under a contract of a 35-year Build-Operate-Transfer (BOT) with an investment of nearly US$500 million, is expected to be completed by 2014.
When completed, the project will contribute not only to protecting the area from flooding, promoting the tourism destination, creating jobs for the local people and improving their livelihoods, but also to increasing a capacity of electricity supplies with sustainability, and augmenting the self-reliance on power, mainly accelerating the national development and reducing the poverty in the country.
Addressing at the ceremony, Samdech Techo Hun Sen highly valued the friendly relations between Cambodia and China, saying that good cooperation between the governments of the two countries helped greatly to Cambodia's social and economic development and has brought great amount of investment capital to Cambodia.
"The hydropower dam is just one of the numerous achievements under the cooperation between Cambodia and China," he said.
The ceremony was also attended by Chinese Ambassador to Cambodia H.E. Pan Guangxue; Defense Minister H.E. Tea Banh; Industry, Mines, Energy Minister H.E. Suy Sem and other top government officials, as well as local residents. --AKP
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