February 25, 2018 12:00 am JST
Interview
Cambodia touts plan to slash electricity fees for businesses

TOKYO -- Cambodia seeks to lower electricity fees for companies in the country to set off an increase of labor costs due to a higher minimum wage, says a Cambodian minister in charge of foreign direct investment. Sok Chenda Sophea recently unveiled a 10-year national development plan to boost Cambodia's role in the region's supply chain.

"In less than six months, we will have cheaper electricity," Sok, a minister attached to the prime minister and secretary general of the Council for the Development of Cambodia, told the Nikkei Asian Review earlier this month in Tokyo. Foreign manufacturing companies in Cambodia have been complaining about Cambodia's relatively high electricity fees compared to neighboring countries.
The CDC is the government agency that handles foreign investment and aid.

Sok explained that new power plants, including hydrogen- and coal-powered facilities, have begun operating to meet demand from factories. As a result, he said, "from this year, 2018, Cambodia will be self-sufficient" in electricity. The country has imported electricity from Thailand and Vietnam for years.
https://asia.nikkei.com/Politics-Econom ... businesses

(┛◉Д◉)┛ wrote: ↑Sun Feb 25, 2018 5:16 pm not long ago i read they were building transmission lines to laos hydrogen dams

Still are.... Some stretches even have cables already.

timmydownawell wrote: ↑Sun Feb 25, 2018 4:48 pm

finbar wrote: ↑Sun Feb 25, 2018 4:10 pm

including hydrogen-

So Cambodia years ahead of everyone with fusion. Impressive.

They mean hydro- I think. Are there new plants coming online in 6 months?
Reducing the ghost payroll could also help lower rates.

lol yes, I read there are some hydro dams in the works, somewhere

As we speak they're building a dam in the Sesan river. Vietnam already built a few on their stretch of the river.