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Investors need stable, quality electricity


geovalin

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Stable and quality electricity is needed to attract additional high-value-added manufacturing to Cambodia, but the quality of electricity in the kingdom remains a challenge for investors as the manufacturing sector continues to diversify. Sok Chenda Sophea, secretary-general of the Council for the Development of Cambodia, said during the 2017 Cambodia International Business Summit that 87 Japanese companies are doing business in the country with six focused on garment and footwear manufacturing and at least 70 linked to electronics manufacturing.
 

He added that most of the Japanese companies operated in special economic zones (SEZ), with the majority in Phnom Penh and Bavet as well as some in Poi Pet. “We are really working hard to supply the electricity in quantity, quality and price. We are moving day to day from not enough and expensive electricity to more than enough and less expensive electricity,” Mr. Chenda Sophea said.
 

“Soon we will have enough electricity and we will work on the price. In 2019 we will be self-sufficient of electricity without importing.”   Cambodia is currently diversifying its power sources by not only depending on hydropower plants and imported power, but by adding more coal-fired power plants and other sources of power to supply the country’s demands, according to Mr. Chenda Sophea.

 

read more http://www.khmertimeskh.com/news/35501/investors-need-stable--quality-electricity/

 

 
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-- © Copyright Khmer Times 16/02
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I lived for 2 years in Phnom Penh between 2009-2010 and there was about 3-4 power cuts a week, sometimes for an hour or more.

 

Here in the Capital City of Nigeria you are luck to get power fro 8 hrs a day and generators for the rest (if they can get the diesel fuel), but they have to turn off the generators after 6 hours for an hour or they over heat.

 

Moral of the story....poorest (and most corrupt) country  in SE Asia is still head an shoulders above the 2nd largest economy in Africa,

 

So TVB member appreciate what you have.

 

 

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