Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, met here this morning at the Peace Palace with visiting Mr. Zhang Tingke, President of China Huaneng Group, which invests in the construction of the 400-megawatt Lower Sesan 2 hydropower dam in Stung Treng province.
During the meeting, Samdech Techo Hun Sen expressed warm welcome to the China Huaneng Group’s investment in Cambodia, stressing that good ties and cooperation between Cambodia and China have boosted Chinese investments in Cambodia and Chinese investment projects have always been supported by Chinese banks, according to H.E. Ieng Sophalet, assistant of the Cambodian premier.
Samdech Techo Hun Sen also expressed his conviction that Lower Sesan 2 hydropower dam will generate electricity by 2017. He further urged the company to provide compensation for the impacted local communities and not to evacuate people before relocating them to a new location.
For his part, Mr. Zhang Tingke said his visit to Cambodia this time is to cooperate with Ang & Associates Lawyers Company to develop the Lower Sesan 2 hydropower dam project so as to push for the electricity generation by 2017. The company will be highly responsible for the environment, communities’ compensation and relocation based on the policy of the Royal Government of Cambodia (RGC), he affirmed.
The Lower Sesan 2 hydropower dam construction project will be developed under the BOT (Build-Operate-Transfer) form for 45 years, including five years for the construction, and the RGC is expected to generate on average some US$29,59 million tax a year from this project.
According to the cabinet meeting held in November last year, each of the family who are required to resettle due to the project will receive five ha of land lot for the farming, and a house standardized for 8 persons.
The Lower Sesan 2 Hydro Dam will be built in Phlouk commune, Sesan district, Stung Treng province on the Sesan River, one of the important tributaries of Mekong River.