ASEAN SME NEWS

 
Latest ASEAN news

Cambodia, Singapore agree to deepen energy cooperation

Cambodia and Singapore have agreed to deepen energy cooperation on clean energy transitions, said a joint statement.

Minister for Mines and Energy Suy Sem and Singapore Minister for Manpower and Second Minister for Trade and Industry Tan See Leng recently met virtually during the 40th ASEAN Ministers on Energy Meeting (AMEM) and agreed to deepen energy cooperation that would serve the mutual interests of both countries.

In 2013, both countries signed a memorandum of understanding on energy cooperation at the Singapore International Energy meet.

Suy Sem said that Cambodia welcomes investment in the field of renewable energy and technologies from Singapore to advance energy transition and power trade in the region.

“Cambodia and Singapore agreed to explore the possibility study on renewable energy or green energy to promote the bilateral trade through power interconnection and pipeline system,” he added.

Tan said the two countries are committed to doing their part to transition to cleaner sources of energy and reaching net-zero by or around mid-century.

“Given our shared interests, we are keen to partner Cambodia to advance bilateral and regional energy cooperation,” he added.

“Such cooperation is a step towards realising the broader Asean power grid vision to enhance interconnectivity, energy security and sustainability in the region.”

For full article, please read here


Author: Sok Sithika 

Source: Khmer Times

September 21, 2022