Helping Cambodia Transition to Cleaner Energy
A transition to clean energy such as solar can help Cambodia address some of its development challenges.
A transition to clean energy such as solar can help Cambodia address some of its development challenges.
PHNOM PENH, CAMBODIA (24 May 2019) — The Asian Development Bank has approved a $7.64 million loan to support the construction of a 100-megawatt solar power park in Cambodia, which will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy.
The six countries of the Greater Mekong Subregion have agreed to extend the “early harvest” implementation of their Cross-Border Transport Facilitation Agreement (CBTA) for 2 years.
The International Finance Corporation is partnering with Thailand-based Amata Corporation to develop sustainability projects for cities, towns, and industrial zones in the Greater Mekong Subregion. The projects will promote green growth and sustainable design practices.
Cambodia and Thailand reconnected their railroad networks on Monday after 45 years to facilitate cross-border trade and transport.
The ASEAN Infrastructure Fund has launched an “Inclusive Finance Facility” to provide concessional financing for critical infrastructure in three countries in the Greater Mekong Subregion—Cambodia, the Lao People’s Democratic Republic, and Myanmar.
Southeast Asia will sustain growth at close to 5% this year and next, according to a new Asian Development Bank report.
PHNOM PENH, CAMBODIA (3 April 2019) — Following a very strong economic performance last year, Cambodia will likely see moderate, but still robust, growth, with the economy expected to expand about 7% this year and 6.8% next year.
The Lao People’s Democratic Republic has signed an agreement with Electricité du Cambodge to sell 200 megawatts of electricity to Cambodia until 2021.
This is the statement issued by the Joint Committee for the Cross-Border Transport Facilitation Agreement during its seventh meeting in Siem Reap, Cambodia on 13 March 2019.