Friday, December 19, 2008
SteelGuru
Kampuchea Thmey reported that Thep Viet Steel Corporation is set to invest USD 70 million in a steel plant in Cambodia.
Mr Tran Totu chairman of Thep Viet Steel said that "We want the steel factory to begin production in two or three years."
Thep Viet Steel exports 5,000 tonnes of steel per month to Cambodia. Cambodia is reported to have large iron deposits, and Vietnamese companies have been granted concessions to explore for the mineral, a major feedstock for steel production.
Mr Trinh Ba Cam spokesman for the Vietnamese embassy in Phnom Penh said that Vietnamese companies could play a major role in future development in Cambodia. He added that "Vietnamese investment will help fill a need in Cambodian markets because the country is badly in need of steel."
Mr Tann Kin Vin secretary of state for the ministry of industry, mines & energy, said that he had no information about the plant. He added that "We know nothing about the plan, but we think it could not be implemented that quickly because no evaluation study on the availability of iron ore has been conducted. If they do their research, they will be able obtain ore and earn a lot of profit."
Mr Tran Totu chairman of Thep Viet Steel said that "We want the steel factory to begin production in two or three years."
Thep Viet Steel exports 5,000 tonnes of steel per month to Cambodia. Cambodia is reported to have large iron deposits, and Vietnamese companies have been granted concessions to explore for the mineral, a major feedstock for steel production.
Mr Trinh Ba Cam spokesman for the Vietnamese embassy in Phnom Penh said that Vietnamese companies could play a major role in future development in Cambodia. He added that "Vietnamese investment will help fill a need in Cambodian markets because the country is badly in need of steel."
Mr Tann Kin Vin secretary of state for the ministry of industry, mines & energy, said that he had no information about the plant. He added that "We know nothing about the plan, but we think it could not be implemented that quickly because no evaluation study on the availability of iron ore has been conducted. If they do their research, they will be able obtain ore and earn a lot of profit."
6 comments:
Many licenses for natural resource exploration and commercialization were freely granted to many rich Yuon who named themselves as pure Khmer.
For example Okgna. Leng Rithy and mnay others. They can not speak khmer properly nor can write/read a single word of Khmer but their name is really Khmer.
Very sad!
Thank you Vietnam for helping to nourish Cambodia economy.
Keep it coming, and God blesses you!
As long as Samdech Hun SenVarman doesn't initially interfered with his master's, Youn, want, his job is permantly stable, and in the future, his West Point son will be took his coward father over. In short, Campuchia will be a next Campuchia Crom!
So what? It is still a big improvement.
if it's illegal, it probably won't last long! god bless cambodia.
Why ah fuck Yuon? Why not Malaysia, Indonesia etc. conduct research and exploring instead of Yuon? Stop collaborating with ah Yuon Dam Tae Ong and ah Yuon taking Khmer land or send ah Kwak to HELL before more Khmer territory get lost.
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