On October 13, 2016, Chinese President Mr. Xi Jinping paid the state visit to Cambodia. During the visit, Chinese President Mr. Xi Jinping and Cambodian Prime Minister Mr. Hun Sen jointly attended the Signature Ceremony of the Bilateral Cooperation Documentary. With the witness by Chinese President Mr. Xi Jinping and Cambodian Prime Minister Mr. Hun Sen, CHMC and Electricité Du Cambodge (EDC) signed the EPC Contract of the Cambodian State Grid 230kV Transmission and Transformation (PhaseⅡ) Project (The first section of the Eastern Loop Line). CHMC President Mr. Lu Wenjun, and EDC Managing Director H.E. Keo Rottanak, respectively on behalf of each Party, signed the Contract.  

The Contract includes new constructions of two substations, one 230kV transmission line with a total length of 275km. The Contract value is about 123 million USD, and the construction period is 36 months. The completion of the Project would improve the power supply network in Cambodian Northeast area, strengthen the power transmission capacity, change the current y situation that the power supply in the Northeast area is relied on import abroad, guarantee that the local people, mining zone, industrial park could steadily use the domestic power at low price.

This EPC Project was the eighth one signed by CHMC and EDC in the power transformation and transmission industry, and the accumulative eight contracts value had reached 750 million USD. Since 2009, by grasping the opportunity of the Cambodian Tatay Hydropower Station BOT project construction, CHMC continuously expended the cooperation between China and Cambodia, further explored Cambodian power market. CHMC worked together with EDC, actively propelling the Cambodian state gird construction, actively giving impetus to the project implementation of the Cambodian rural grid reconstruction. Especially in the past two years, led by China “One Belt One Road” Strategy, CHMC took the excellent opportunity, and vigorously developed the oversea market. Under the situation that Chinese domestic economy suffered the pressure of going downward, CHMC, however, inversely achieved greatly in its business: CHMC successively signed the Cambodia Southwest Loop Line Construction Project Contract, Cambodia Rural Grid Construction Project Contract (PhaseⅢand PhaseⅣ), Cambodia Rural Grid Construction Project Contract (PhaseⅤand PhaseⅥ), Cambodian State Grid 230kV Transmission and Transformation (PhaseⅡ) Project Contract, etc.; at the same time, the Cambodian Tatay Hydropower Station BOT Project was accomplished in construction and put into commercial operation; the Phnom Penh Loop Line Project, the Rural Grid Project (PhaseⅠ), the Rural Grid Project (PhaseⅡ), and other construction projects had been completed; the implementing project, Phnom Penh- Bavet Power Transmission Project, was near to be completed. CHMC was constantly awarded favorable comments from the end user, for its excellent project construction and the excellent services which also energetically promoted Cambodian social and economic development, supplied the steady power to the common rural households, and lit up Cambodian villages.  

The friendship between China and Cambodia possesses a long source and is well-established, well-renewed in the long time. CHMC would act as the messenger for the friendship between China and Cambodia. CHMC would make mutual efforts with EDC, promote Cambodian power industry and energy exploration to be developed in a steady, high-efficient and low-cost way, and to better benefit the welfare of the Cambodian people.