Laos’ 1,285-MW Xayaburi hydropower project receives loan from Thai construction firm

Thai construction firm CH. Karnchang PLC has approved a loan totaling more than US$531.7 million to subsidiary Xayaburi Power Co. Ltd. for the development of Laos’ 1,285-MW Xayaburi hydropower plant. The financing, approved during a CK board meeting earlier this week, will be used “to pay for the increased construction works” of the project, “due […]

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Chinese Firm Wins EPC Contract for Oil Refinery in Cambodia

China National Petroleum Corporation (CNPC) Northeast Refining & Chemical Engineering Company on Wednesday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to construct a 620 million-U.S.-dollar oil refinery in its first phase. The EPC contract was inked here between Li Limin, chairman of CNPC Northeast Refining & Chemical Engineering Company, and […]

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