Monday, April 14, 2008

[Vietnamese] Cement company to set up Cambodian joint venture [for a 49-year term]

Monday, April 14, 2008
VNA (Hanoi)

The Ministry of Planning and Investment has issued an investment license to Can Tho Cement Company to establish a joint venture to mine laterite ore in Cambodia.

Can Tho Cement and Cambodian company Omsaura will form a joint venture with a total capital of US$900,000.

Can Tho Cement will contribute $459,000.

The planned joint venture will start construction next month and begin exploiting laterite, a high-iron clay, two months later.

The project, to expire in 49 years, will have an estimated output of 50,000 tons of ore per month.

It marks the first mineral exploitation cooperation project between the Mekong Delta’s Can Tho City and Cambodia.

4 comments:

Anonymous said...

Thank God for send good help!

Anonymous said...

Oh lord, please get those vultures and parasites out of Cambodia. The sooner, the better!

[Oh Dieu, aidez-nous donc de se debarasser des vautours et des parasites du Cambodge, SVP! Le plus tot serait le mieux!]

Anonymous said...

Be ware of lies and exagerations when read the news written by Vietnamese. It's not worth your time to read any of them.

Anonymous said...

Help from Vietnam? Ugh thats fucking disgusting, I dont understand why they cant just get the fuck out of Cambodia, Vietnamese are fucking pathetic, they think that they are so superior but their is no such thing as honour in their culture, they love to cheat, lie, steal, and pass on their corruption to others. They are notoriously known to double-cross just look at their history and look at Laos and Cambodia. Fucking disgusting!