Germany to provide $70M to broaden road, electricity networks
Minister of Economy and Finance Aun Pornmoniroth and Federal Republic of Germany ambassador to Cambodia Christian Berger reached two agreements on Thursday to provide the Kingdom with more than $70 million in development financing. The Federal Republic of Germany Embassy in Phnom Penh said in a press release that they were the first loan agreements […]
Dams And Climate Change Kill The Mekong – Analysis
Excessive reliance on hydropower, severe droughts combined with rising seas destroy the Mekong River delta, threatening livelihoods of millions. By Tom Fawthrop The swirling currents of the once mighty Mekong, shrunk by drought and increasingly crippled by dams point towards an unprecedented crisis of water governance along the more than 4,900 kilometers of southeast Asia’s […]
Ministry of Mines and Energy calls for responsible mining
Minister of Mines and Energy Suy Sem called on companies operating mining projects to ensure the communities and environment are not affected by related activities. On Friday, the ministry announced to open for four mining locations in three provinces to apply for an exploration licence. At the 8th Extractive Industries Governance Forum (EIGF) at a […]
UNDP says sustaining natural resources vital for Cambodia’s progress
PHNOM PENH, Nov. 21 (Xinhua) — Cambodia’s rapid development over the past 30 years has led it to rank in the top 10 globally, and second in Asia and the Pacific, on the “rate of improvement” in the Human Development Index, said a new report released here by the United Nations Development Programme (UNDP) on […]
Cambodia to start extracting first drop of oil next year: PM
PHNOM PENH, Nov. 18 (Xinhua) — Cambodia will start pumping its first drop of crude oil from one of its offshore oilfields next year, Prime Minister Samdech Techo Hun Sen said on Monday. “Our first drop of oil will be extracted in 2020, and I will announce the exact date later,” he said in a […]
KrisEnegy orders platform for Cambodia’s maiden oil development
Southeast Asia-focused oil and gas company KrisEnergy has signed a Letter of Award with Profab for the supply of a minimum facilities wellhead platform for the Apsara oil field, Cambodia’s maiden oil development. Image source: KrisEnergy Profab, a National Oilwell Varco company, will be responsible for the procurement, and the fabrication and construction of the […]
Lao grid extended to deliver electricity to Cambodia
VIENTIANE, Nov. 11 (Xinhua) — State-run energy giant Electricite du Laos (EDL), on behalf of the Lao government, has completed more than 80 percent of a power grid extension that will deliver electricity to a Cambodian transmission line on the border of the two neighbors. This follows the signing of an electricity purchase agreement between […]
Cambodia’s Phnom Penh braces for power shortage
PHNOM PENH, VNA – Cambodian Prime Minister Hun Sen has urged residents and businesses in Phnom Penh to be prepared for electricity shortages which could occur in this year’s dry season if water levels at hydropower dams run low. Phnom Penh is expected to experience frequent power cuts during the dry season this year. Hotel […]
Kingdom lays out the welcome mat for renewable energy investment
The government welcomes investment from Germany in the Kingdom’s solar and renewable energy sector as local demand for electricity continues to rise between 15 to 20 per cent annually, Ministry of Mines and Energy official Victor Jona said on Tuesday in Phnom Penh. Jona, who is the director-general of the ministry’s General Department of Energy, […]
ISDN in tie-up to build Cambodia power plant
Mainboard-listed ISDN Holdings has taken a 33 per cent stake in a joint venture that will build an 80MW hydroelectric power plant in Cambodia. The industrial automation firm will inject US$500,000 (S$679,000) as equity into the joint venture and another US$2.5 million as a shareholder loan representing the expected sum for the project’s initial development […]