Chinese locomotive and railway equipment giant CRRC Zelc is to conduct a feasibility study into the investment potential of Cambodia to help improve the kingdom’s railway system while contributing to the One Belt One Road initiative. CRRC’s vice president Zhang Liquiang said that as the company expands abroad, Southeast Asia will be a good frontier market. The company, which produces locomotives and constructs railways in China, has already set foot in Thailand, Malaysia and Vietnam. The vice president hoped that in the next few years when it gets more investment information, the firm will do business in Cambodia as well. (Source: Khmer Times)

Coporate News

25th April 2017

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