Investment on Waste to Energy Boosted

The Royal Government of Cambodia has boosted investments on converting solid waste to energy which is part of urban solid waste management while amount of solid waste increases year by year.

Attracting investment on waste on energy is stated in the draft of policy on urban solid waste management for 2019-2028 which is currently being discussed by inter-ministries.

According to Ministry of Environment, the government focuses on the strengthening on management of solid, liquid, gas, and dangerous substance wastes and it is to reply the development.

Figures from the Environment Ministry, 1.7 million tons of solid waste was collected and filed at dumpsites in 2018, a 15 percent increase year-on-year.

According to the policy, the government sets nine prioritized projects to be implemented in urban solid management, of which attracting investment on waste to energy is also included in prioritized projects.

The policy stated that investment project generating power from urban solid waste includes investment on building waste burning silos for generating power for consumption in Phnom Penh and potential cities where there are not dumpsites and selection of proper projects for waste to energy focusing on technologies which are suitable and ensure to the sustainable for investment projects.

The draft of urban waste management policy was discussed on January 14 at the Ministry of Economy and Finance with chaired by H.E. Aun Pornmonirath, the Minister of Economy and Finance, and also participated by H.E. Say Samal, Minister of Environment, and H.E. Khoung Sreng, Phnom Penh Governor.

- Video Advertisement -

Related Post

Cambodian Government Announces Reconstruction of Boeung Chhouk Market in Battambang

In a significant move to support local traders, the Cambodian government has announced plans to reconstruct the Boeung Chhouk market following a devastating fire on November 3, 2024, destroying nearly 150 stalls. The rebuilding initiative will give traders a unique opportunity for a lifetime of free occupation in the new market space. Prime Minister Samdech […]

PM Announces a Halt Issuance of Brewery Licenses for Domestic Distribution in Cambodia

In a significant policy shift, Prime Minister Hun Manet has banned issuing new licenses for breweries intended for domestic distribution in Cambodia. This announcement was made during the closing ceremony of a meeting summarizing the Ministry of Mines and Energy’s work results for 2024. PM Hun Manet clarified that while licenses for breweries focusing on […]

Kampong Thom to Establish Cashew Industrial Park: PM Enthusiastic about Local Economic Development

In a significant move aimed at boosting local employment and transforming the regional economy, Prime Minister Samdech Bovathibodi Hun Manet has approved the establishment of a cashew industrial park in Kampong Thom province. This decision came swiftly, with the request being approved just one day after it was submitted. Speaking at the closing ceremony for […]

In 24 years, the government issued nearly 70,000 construction permits worth USD78.96 billion

In the past 24 years, Cambodia has made significant strides in its construction sector, issuing nearly 70,000 construction permits for projects valued at approximately USD 78.96 billion, according to a report from the Ministry of Land Management, Urban Planning, and Construction presented at a conference on November 26, 2024. The report indicates that the Royal […]

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. […]