International firms eye waste-to-energy plant in Sihanoukville

International firms from Singapore and Malaysia are looking to invest in waste-to-energy plants in Sihanoukville province, according to a 27 August meeting between the companies and the provincial governor.

The investment plan was revealed by Mr Dato Mah Kaseng, Director of Ric Natural Development Plc and Sihanoukville Provincial Governor H.E Kuoch Chamroeun.

According to a Facebook post from the provincial administration, Ric Natural Development is interested in investing in a waste-to-energy plant while investment firms from Malaysia and Singapore have expressed interest in investing in a bio fuel and tourism port in the province.

The investment initiative came as Sihanoukville is seeing significant development over the past years while the city’s population has reached more than 300,000 people, which has also created a parallel increase in garbage.

H.E Kuoch Chamroeun welcomed the initiative while citing that the province generates about 1,000 tons of garbage each day and this amount is expected to increase in the future.

“The company needs to study the project deeper in regard to the market, to reach the goal in investing in a waste-to-energy plant efficiently,” H.E Kuoch Chamroeun.

The firm will need to study the amount of garbage needed in order to produce 150-megawatts of electricity which will be set as the base for collecting garbage, leading to the establishment of the plant, said H.E Kuoch Chamroeun.

According to Mr Dato Mah Kaseng, the company is currently successfully operating a waste-to-energy plant in Thailand and is establishing another one in Laos.

- Video Advertisement -

Related Post

Cambodia officially Withdraws from CLV Development Triangle

In a significant move, the Cambodian government has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA). This decision was formalized by promulgating the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA, marking a new chapter in Cambodia’s regional engagement. The law will take […]

555 registered mineral resource licenses are operating in the mining sector in Cambodia

Cambodia is witnessing significant growth in its mining sector, with 555 active legal mining operations currently licensed by the Ministry of Mines and Energy. These operations have attracted a total investment of USD 2.764 billion and provided approximately 11,306 jobs for the local population. According to a report released at the Ministry’s annual meeting, the […]

Cambodia Nears Completion of Land Registration, Targeting 2028 Finish

Cambodia is making significant strides in its land registration initiative, with over 7.7 million land parcels successfully registered nationwide. Only about 1.5 million parcels remain, and the Ministry of Land Management, Urban Planning and Construction anticipates their registration will be completed in the near future. Government Spokesperson H.E. Pen Bona announced these updates during a […]

Four Companies Submit Proposals to Redevelop Block A in Cambodia

The Ministry of Mines and Energy has announced that nine companies have shown interest in redeveloping Block A, with four of them officially submitting proposals for oil exploration. The other five companies have yet to file formal development applications. According to a report released after the recent annual conference, the four companies that have submitted […]

Cambodia Inaugurates New National Assembly Administration Building with Vietnamese Support

Cambodia has officially inaugurated a state-of-the-art National Assembly administration building, thanks to a generous aid package of $25 million from Vietnam. The inauguration ceremony took place on November 21, 2024, with prominent figures in attendance, including Samdech Khuon Sodary, President of the National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly […]

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. […]