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Cambodia, Singapore to enhance energy cooperation

Cambodia and Singapore signed the memorandum of understanding on energy cooperation, paving the way to energy transition infrastructure development and investment opportunities in energy connectivity in the ASEAN region.

The cooperation is expected to enhance energy security and sustainability in the region.

The MoU was signed virtually yesterday by Suy Sem, Minister of Mines and Energy, and Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore.

The two sides agreed in principle to develop the transitional energy infrastructure and increase energy connectivity opportunities in ASEAN to enhance energy security and sustainability, said Heng Kunleang, director-general of the ministry’s energy department.

This cooperation is beneficial and a step towards the vision of ASEAN energy connectivity, in which the two countries are like-minded partners, taking into account common interests and common goals towards cleaner and more energy-efficient sources and towards zero emissions at or between the middle of the century, Kunleang told Khmer Times yesterday.

“Today’s Memorandum of Understanding reflects the two countries’ strong commitment to deepening energy partnerships to promote the use of renewable energy and the development of the ASEAN power grid and electricity interconnection for cross-border electricity trade to build more economic sustainability towards a common low-carbon future, as well as to achieve the ASEAN energy interconnected vision,” Kunleang said.

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Author: Chea Vanyuth

Source: Khmer Times

October 26, 2022