Cambodia’s first oil refinery will break ground early next year and, once completed, will refine an estimated 5 million tons of oil per year.
Two state-enterprises signed an agreement on the USD2.3-billion refinery in Kampot province: Sinomach China Perfect Machinery Industry Corp. and the Cambodian Petrochemical Company, at the Council of Ministers in .
Sinomach China Perfect Machinery is Chinese a state-owned firm with diverse businesses ranging from oil engineering to property,
“The plant will cost $2.3 billion and it will take a total of 36 months to build,” Zhang Sugang, General Manager of Sinomach, said at the ceremony, in the presence of Deputy Prime Minister Sok An, who is also chairman of the Cambodian National Petroleum Authority.
The Cambodian and the refinery outlets with the high- and-latest technology that has not…companies have secured an 8-hectare plot in Kampot province for
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