Chinese Railway firm eyes Cambodia

[geovalin]

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 vice president Zhang Liquiang said that as the company expands abroad, Southeast Asia will be a good frontier market.
 

Speaking in Changsha city in Hunan province, Mr. Zhang s said the company will conduct research about the Cambodian market for investment and business cooperation potential. "Our company produces locomotives and constructs railways here in China,” he said.
 

“For the Asean market, we have already been to Thailand, Malaysia and Vietnam. “In Cambodia we will contact the relevant authorities to seek a possible study into the potential to enter the market," he said.

 

read more http://www.khmertimeskh.com/news/37716/railway-firm-eyes-cambodia/

 

 

-- © Copyright Khmer Times 25/04

[oldcarguy]

China is a smart country , already they have helped fund the train to Europe , they will do one to the Arab countries , India  and probably Africa one day ,

 

Then they can sell and ship goods to Asia, Europe and Africa and bring back raw materials ,

 

The Chinese are playing the long game ,  once it is all set many of these countries will not be able to pull away , their economy will be tied too much to the Chinese.