How much money does Cambodia need to build a power plant?

But for 2032 onwards, Cambodia would need the remaining around $6.7b to fund hydrodams, solar plants, and battery energy storage systems projects. “This is actually an indication that Cambodia is looking to attract more investment into its power sector,” said Thoo.

What are the benefits of building a building in Cambodia?

buildings also ofers additional benefits of increased competitiveness, employment, and poverty alleviation. It will also contribute to lower greenhouse gas emissions and achieve Cambodia’s climate change mitigation targets.

Does Cambodia have a building energy certification program?

This includes countries with mandatory building energy certification policies and those with widespread voluntary building energy certification policies or programs that might have only a few voluntary projects. The construction industry has experienced strong growth since Cambodia opened to foreign investment in the 1990s.

Will building energy standards and regulations accelerate low-carbon development in Cambodia?

Building energy standards and regulations will not only accelerate the low-carbon development of Cambodia but also promote energy security and reduce the investment need in new power supply infrastructure.

How can Cambodia achieve energy security?

To attain energy security, Cambodia will have to overcome investment challenges, cut wasteful consumption, and review pricing policies.

Does Cambodia have a sustainable construction sector?

Cambodia is now a middle-income country with a booming construction sector that is one pillar of the country’s strong economic growth. The government recognized the need for more regulations to ensure the sector’s sustainable development by adopting the Construction Law in late 2019.