Two Shanghai-based companies have revealed plans to invest in coal fired power plants and satellite technology in the Kingdom.
Liang Shan, vice president of Shanghai Electronic Communication Technology, and Yongtao Jiao, president of Beidou Star Data Technology, expressed their intention to invest in the country during a meeting Friday with the Cambodian Minister of Commerce Pan Sorasak.
Mr Liang said his company has vast experience in the construction of coal fired power plants, as well as advanced and environmentally-friendly technology at its disposal.
“We do need the support of the ministry for this project. We believe the investment will expand trade between Cambodia and China,” he said.
Mr Yongtao, on the other hand, said his company has satellite technology that could capture and transmit data across continents.
Minister Sorasak voiced his support for both projects and said they will help bring new technology to the country and create jobs.
“Naturally, we are happy to facilitate the process for this companies so that they can make their projects a reality,” he said.
