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China National Heavy Machinery Corporation (CHMC) and Cambodia’s state-owned Electricité du Cambodge (EdC) reached a Memorandum of Understanding (MoU) on human resources development on Thursday.
The MoU was signed here between CHMC’s president Xiao Ping and EdC’s managing director Keo Rottanak.
Under the deal, the CHMC will offer scholarships to EdC outstanding employees to study master’s degrees and short courses in North China Electric Power University, starting from this year.
“The goals of these scholarships are to apply the China’s advanced electric power technology to Cambodia’s development,” Xiao said after the signing ceremony.
Rottanak said that CHMC would offer nine master’s degree scholarships and a number of short-course scholarships to EdC star employees to study in China.
He said CHMC had importantly contributed to the development of electric power infrastructure and transmission lines in Cambodia.
“Our trust and confidence in our partnership have developed to a level that I can proudly announce today that CHMC is our best partner,” he said.
Rottanak expressed his strong belief that the partnership and cooperation between EdC and CHMC would contribute to promoting the China-proposed “Belt and Road” initiative.