Japan to invest in Cambodia power
Bangkok Post / Kyodo News | 2 June 2014
TOKYO - Marubeni Corp said Monday it will
acquire a 20% stake in a Cambodia-based power generation and
transmission business owned and operated by Malaysia's Leader Group,
marking the first Japanese involvement in the power market in the
Southeast Asian country.
Leader Group, the largest cable and wire producer in Malaysia, is a
pioneering foreign operator of the independent power producer business
in Cambodia.
Under the medium-term management plan set in April 2013, Marubeni has
designated five countries in the Mekong River basin a priority region,
aiming to accelerate investments there.
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