ADB maintains its forecast for Cambodia’s economy to shrink by 4% by 2020

ADB maintains its forecast for Cambodia's economy to shrink by 4% by 2020, Cambodia Time

The Asian Development Bank (ADB) in late December 2020 released its December supplementary report, keeping its forecast for the Cambodian economy to shrink by 4% at 2020 as the same as the September forecast. But for 2021, the ADB has cut its forecast slightly, with the latest forecast that Cambodia’s economy will grow by 5.4 percent next year, up from …

Government plans to build 3,600-megawatt natural gas-fired power plant by 2030

Government plans to build 3,600-megawatt natural gas-fired power plant by 2030

Under a plan to increase the country’s electricity supply capacity, from urban to rural, the Royal Government of Cambodia plans to build a natural gas-fired power plant with a capacity of about 3,600 megawatts by 2030. Minister of Mines and Energy Suy Sem recently said, “Cambodia has updated its energy plan for 2020 to 2030, in which we plan to …