Energy and Environment
Pestech Inks MoU to Build Two Solar-Based Assets in Cambodia
Locally-listed Pestech (Cambodia) plc (PCL), the subsidiary of Malaysia-based International Bhd, had signed a memorandum of understanding (MoU) with Attwood Investment Group Co Ltd (AIG) to collaborate on the development of two feasibility studies on the construction or ownership and operation of solar-based assets in Cambodia. In a filing to Bursa Malaysia on December 15, the company said that...
Read MoreCambodia Needs up to US$2b Fund to Reduce Greenhouse Gas Emissions
Cambodia needs approximately a US$500 million to US$2 billion fund to implement multiple strategic plans to reduce greenhouse gas emissions. HE Tin Ponlok, Secretary of State of the Ministry of Environment said during a meeting with the French Agency for Development (AFD) on 15 December, that this is part of the government's plan to achieve carbon neutrality by 2050. This amount of fundin...
Read MoreCambodia, S. Korea vow to Develop Green Building Program to Promote Carbon Neutrality by 2050
Cambodia's Ministry of Environment and South Korea's the Institute of Civil Engineering and Construction Technology have pledged to strengthen cooperation on bilateral green building programs, aiming to promote carbon neutrality by 2050. According to an announcement by the Ministry of Environment on 15 December, both parties also discussed the plan to continue and explore the possibility of...
Read MoreGov’s to Use Carbon Credit Profit to Build Standardised Restrooms Nationwide
Minister of Environment HE Say Sam Al has stated Cambodia will use the revenue earned from the carbon credit sale to improve hygiene in public schools nationwide by building standardised eco-friendly bathrooms. Not only bathrooms and toilets, but the budget will also be used to install water filters, improve sports fields, and grow more trees in the school complexes. The facilities will be...
Read MoreMOE: Land Types in Cambodia Divided into 21 Categories
Preliminary data on land use in 2022 has divided land types in Cambodia into 21 categories, according to Minister of Environment HE Say Sam Al on 23 November. According to the minister, the 21 types of land include rice fields, rubber fields, cashew farms, forests and others. The study of land use data is to understand precisely the level of land use in Cambodia, which will be useful for s...
Read MoreWorld Bank Provides US$60m Loan for Waste Management Project in Cambodia
The World Bank (WB) has provided approximately US$60 million in loans to improve solid waste and plastic waste management in Cambodia, according to the Ministry of Interior's announcement on 22 November. The project will run for six years in collaboration with the Ministry of Interior, the Ministry of Economy and Finance, the Ministry of Public Works and Transport, the Ministry of Environment a...
Read MoreGov’t Opens Concession for 155ha of Land in Kampot for Mining Business
The Ministry of Mines and Energy has announced the opening of a 155-hectare mining concession in Kampot province's Chhouk district. According to an announcement by the ministry on 18 November, private companies can start applying for the concession from the announcement date onwards until 30 December 2022. All national and international companies can apply for exploration at the OWSO of the ...
Read MoreCambodia to Sell 15 million Tons of Carbon Credit to International Companies
Cambodia has agreed to sell 15 million tons of carbon credit from three REDD+ projects to major international corporations, according to the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27). Cambodia has increased its REDD + program by expanding its responsibility for the project and with the support of key project partners, including the Wildl...
Read MoreConstruction of US$ 231m Hydropower Project Set for Completion in 2026
Construction of the Stung Pursat hydropower project is scheduled to be completed by 2026, while ongoing construction is accelerating the process, according to the inspection by Minister of Mines and Energy HE Suy Sem on 19 November. The 80-megawatt Stung Pursat 1 hydropower plant is located in Bramoy commune, Veal Veng district, Pursat province. The project is set to be launched in 2026. Stu...
Read More100MW Solar Power Plant to Generate Electricity to National Grid
Cambodia's National Power Supply Company, a joint venture between the Asian Development Bank (ADB) and Electricite du Cambodge (EDC), has developed a 100-megawatt (MW) solar power plant that will soon produce 60 megawatts (MW) of solar power to the national grid. According to a press release from the Asian Development Bank (ADB) dated 15 November, this solar farm project represents an opportuni...
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