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Friday, April 11, 2008

Rajawali Group to develop Cambodian airline

Jakarta (ANTARA News/Asia Pulse) - Indonesia's Rajawali Group on Thursday signed a cooperation agreement with the Cambodian government to develop its national airline.

Under the agreement, Rajawali will build the infrastructure facilities needed to develop the airline, the company's spokesman, Christiantoko, said on Thursday. As a follow-up to the agreement, both sides will set up a new company which will be 49 per cent owned by Rajawali and 51 per cent by the Cambodian government, he said.


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