SINGAPORE, June 25 (Reuters) - Singapore power firm Asiatic Group (Holdings) Ltd said on Wednesday that it has won a power supply contract in Cambodia worth potentially $475 million over a 99-year period.
Under the contract, Asiatic Group will supply power to the Phnom Penh Special Economic Zone (PPSEZ), a company statement said.
The contract is expected to add approximately $4.8 million a year to group revenue once the power plant is fully operational in 2009, it said.
(Reporting by Ovais Subhani)
Under the contract, Asiatic Group will supply power to the Phnom Penh Special Economic Zone (PPSEZ), a company statement said.
The contract is expected to add approximately $4.8 million a year to group revenue once the power plant is fully operational in 2009, it said.
(Reporting by Ovais Subhani)
3 comments:
Congratulation to Singapore Company (Asiatic Group (Holdings) Ltd). We have good faith in you, and may God help you to accomplished this project for us.
HRP of mr. Kem SOKHA will get more Singapor's investment!
Good, we need more oppositions like Sokha who think more about people immediate need.
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