Chinese Experts to Assess Potential for New Energy Power Plants in Sihanoukville and Koh Kong Provinces

At the end of May 2023, a team of Chinese experts from the China Development Institute (CDI) will embark on a visit to Sihanoukville and Koh Kong provinces, with the aim of exploring opportunities for the construction of new energy power stations, focusing on solar and wind energy.

This significant development was announced by Mr Ouk Pheaktra, Deputy Governor of Koh Kong Province, following his delegation’s visit to CDI in Shenzhen, Guangdong Province, People’s Republic of China, on 6th May 2023.

During the visit, Dr Qu Jian, Vice President of CDI, expressed that the Royal Government of Cambodia has outlined plans to study the growth potential of coastal provinces, including Koh Kong. Dr Qu Jian, having surveyed Sihanoukville, Kampot, Kep, and Koh Kong provinces, extensively captured the geographical landscapes of Koh Kong through the use of drones.

The CDI Vice President further emphasized that among these four provinces, Koh Kong possesses the most favorable geographic conditions for the development of deep-sea ports, free trade zones, and the establishment of new energy infrastructure. Such investments in the new energy sector are crucial for promoting Cambodia’s economic progress.

Dr Qu Jian unveiled the CDI’s upcoming agenda, stating that their expert team will conduct on-site studies in Sihanoukville and Koh Kong provinces at the end of May 2023, with a specific focus on evaluating suitable locations for the construction of new energy power plants, harnessing the potential of solar and wind energy.

CDI is a prestigious think tank research institute that was established in the 1980s and is approved by the State Council. Renowned for its expertise in economic policy, trade, urban planning, special economic zones, and free trade, CDI is a respected research and consulting body recognized by the Chinese government.

The CDI has previously assisted the Cambodian government in developing a master plan to transform Sihanoukville into a multifaceted model special economic zone, taking inspiration from Shenzhen, with an impressive 50% completion rate. (Read more)

- Video Advertisement -

Related Post

Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid

Cambodia has inaugurated a modern National Assembly administration building, constructed with a USD25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly of Vietnam, symbolising the enduring friendship between the […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]

Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]

Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri

China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]

Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector

Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]

ARK Electronics Group Unveils USD1.3 Billion AI driven Industrial Park Project in Kampong Speu

ARK Electronics Group, a leading Chinese company, has announced an ambitious USD1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu Province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK […]