The sixth Chinese-built hydropower plant went into operation here Wednesday after five years of construction.
Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Bu Jianguo jointly inaugurated the plant in the southwest part of the country.
The 246-megawatt Tatay River Hydropower Plant was developed by the China National Heavy Machinery Corporation at a cost of 540 million U.S. dollars under a contract of a 42-year build-operate-transfer (BOT) with the Cambodian government.
Speaking at the inauguration ceremony, Hun Sen said the plant would contribute to developing the economy and reducing poverty. "It will increase the supply capacity and reduce the price of electricity in Cambodia," he said.
The prime minister expressed sincere thanks to the Chinese government for encouraging its investors to Cambodia.
According to the Ministry of Mines and Energy, Chinese firms have invested over 1.6 billion U.S. dollars to build six dams with a combined capacity of 928 MW in the Southeast Asian nation. To date, all of them are fully operational.
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