Thailand plans to buy Cambodian water

[geovalin]

Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province to supply the Thai provinces of Chon Buri, Rayong and Chachoengsao. Cherdchai Pitiwatcharakul, the company’s acting managing director, was quoted by the Bangkok Post as saying the population in the three provinces in the Eastern Economic Corridor (EEC) is expected to increase fivefold from three million.
 

The areas are due to accommodate investment in 10 targeted industries. “The demographic changes brought about by EEC will make the diversion of raw water from Cambodia to the EEC area worthy of investment due to economies of scale,” Mr. Cherdchai said.
 

He said that the company has set aside 200 million baht of capital expenditure per year, starting from 2017. Most, around 117 million baht, will be used to develop and expand tap water services in the eastern provinces, including the EEC.

 

read more http://www.khmertimeskh.com/news/37220/thailand-plans-to-buy-cambodian-water/

 

 

-- © Copyright Khmer Times 05/04

[elgordo38]

On 4/5/2017 at 8:29 AM, geovalin said:

The areas are due to accommodate investment in 10 targeted industries. “The demographic changes brought about by EEC will make the diversion of raw water from Cambodia to the EEC area worthy of investment due to economies of scale,” Mr. Cherdchai said.

Which begs the question if you build it will they come?

https://www.msn.com/en-au/news/other/from-disused-stadiums-to-deserted-airports-billion-dollar-wastes-of-money/ss-AAokrMY