Marubeni to seal power deal in Cambodia

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A logo of Japanese trading house Marubeni Corp on headquarters in TokyoJapan’s Marubeni Corp. said on June 2 that it would acquire a 20 per cent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market.

Leader Infrastructure Ltd. operates two 50-megawatt coal-fired power stations in Sihanoukville, southern Cambodia, and transmission lines and substations outside the capital Phnom Penh.

Leader Group is Malaysia’s largest cable and wire producer. It was the first foreign operator to become an independent power producer in Cambodia.

Under a medium-term strategy agreed in April 2013, Marubeni designated five countries in the Mekong River basin as priority targets, saying it would accelerate investments there.

Marubeni is Japan’s fifth-largest trading and diversified business conglomerate and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business.

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Reading Time: 1 minute

Japan’s Marubeni Corp. said on June 2 that it would acquire a 20 per cent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market.

Reading Time: 1 minute

A logo of Japanese trading house Marubeni Corp on headquarters in TokyoJapan’s Marubeni Corp. said on June 2 that it would acquire a 20 per cent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market.

Leader Infrastructure Ltd. operates two 50-megawatt coal-fired power stations in Sihanoukville, southern Cambodia, and transmission lines and substations outside the capital Phnom Penh.

Leader Group is Malaysia’s largest cable and wire producer. It was the first foreign operator to become an independent power producer in Cambodia.

Under a medium-term strategy agreed in April 2013, Marubeni designated five countries in the Mekong River basin as priority targets, saying it would accelerate investments there.

Marubeni is Japan’s fifth-largest trading and diversified business conglomerate and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business.

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