Plans are underway to expand the capacity of the Kingdom’s largest solar power station, by nearly 167 per cent from 90MW to 240MW, to help meet demand and reduce energy costs, according to the head of state-run electric utility Electricite du Cambodge (EdC).
Owned and developed by SchneiTec Co Ltd, the solar farm was built at a total cost of $28 million with an initial capacity of 60MW on a 135ha site in Ansar Kdam village, Sna Ansa commune of Pursat province’s easternmost district of Krakor. It is located within the boundaries of Krakor Special Economic Zone.
During a visit elsewhere in the district on January 16, EdC director-general Keo Rottanak commented on the value of the record-setting project as a clean energy source, and confirmed that Prime Minister Hun Sen had agreed to the expansion, according to local online media outlet Fresh News.
Rottanak sees the project as the future location for field trips and research experiences for students, technicians and scientists, as well as a source of great pride for the people of Krakor as well as Pursat, which he said was selected by the government to develop the labour market and cut migration.
Pursat provincial governor Cheav Tay told The Post that the generation of solar power has greatly benefitted the people of Pursat as well as other provinces.
“Solar-generated power does not adversely affect the environment and helps push down electricity rates,” he said, noting that electrification in Pursat now exceeds 90 per cent.
He also noted that a South Korean-developed 80MW hydropower plant in Pursat was now 10 per cent complete.
Local investors, particularly small- and medium-sized enterprises have often complained that high electricity rates have had a significant impact on the competitiveness of domestic products in the internal market, relative to imports.
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Author: Hom Phanet
Source: The Phnom Penh Post
Once Cambodian longans are given the green light to enter China, their export value is expected to hit $200 million per year.
The Chinese General Administration of Customs concluded a virtual risk assessment on the longan fruit, showing the acceptable result which is paving the way for the export of longan to China. The trials on the risk assessment were made from January 4 to 6. The Chinese General Administration of Customs assessed the Cambodia’s longan virtually, with officials from the Chinese Embassy in Cambodia and officials from the Ministry of Agriculture, Forestry and Fisheries of Cambodia inspecting them at the sites.
Three longan farms in Battambang and Palin provinces and two packaging factories in Kampong Speu and Palin provinces were inspected and assessed. “The assessment makes a successful and expected result,” the Chinese Embassy noted on a Facebook’s post on Monday. The delegation also inspected the laboratory centre of the Sanitary and Phytosanitary and quality Control Center at the Ministry of Agriculture, Forestry and Fisheries.
Mines Minister Suy Sem said this in a recorded video for the virtual Asean Energy Outlook Forum 2022, held this week.
Even though the world has shifted prior policies and resources to fight the Covid-19 pandemic, environment protection and climate change still remain common agendas for sustainable development in the future, he said.
To pursue a country’s social and economic development, it needs to ensure an adequate, affordable, reliable and secure energy supply, he said.
The utilisation of energy efficiency, renewable energy and carbon energy development are effective ways to contribute to the mitigation of climate change, he added.
The ministry has cooperated with the Asian Development Bank to craft a power development plan until 2040 for the purpose of increasing the penetration of clean energy into the power generation mix and to secure energy security and reliability.
In addition to the projects that have already been approved since 2019 and the switch to low carbon energy sources such as imported natural gas – LNG or hydrogen – the ministry has committed not to develop any new coal-fired plants and to increase the utilisation of renewable energy sources and other resources that will not affect the environment.
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Author: Chea Vanyuth
Source: Khmer Times
The Ministry of Commerce and Swisscontact, representing the Global Alliance for Trade Facilitation (GATF), are teaming up on a project to make it easier for small- and medium-sized enterprises (SME) to ship and receive small parcels internationally, according to the ministry.
A memorandum of understanding (MoU) was signed to this end on January 12 by ministry secretary of state Tek Reth Kamrong and Swisscontact Cambodia country director Rajiv Pradhan, to implement a joint project entitled “Improving Small Package e-Trade for Small- and Medium-sized Enterprises” (SeT4SME), the ministry said in a social media post on January 13.
The MoU has two main objectives – first, to contribute to the implementation of trade facilitation and e-commerce initiatives, and improve the cross-border trade environment, by linking the General Department of Customs and Excise’s general data exchange system and the Cambodia Post with trading partners.
The second is to establish an e-platform for small-package shipping, to strengthen the e-commerce environment for local micro-, small- and medium-sized enterprises (MSME) and help them maximise benefits from online trade, the ministry said.
In a separate statement, a Swisscontact representative said: “SeT4SMEs, initiated by the [GATF] and implemented by Swisscontact Cambodia, aims to facilitate the imports and exports of postal consignments in Cambodia and promote inclusive growth in the country, by enhancing the clearance process of small packages sent through the post and thus saving time and money for local [MSMEs], many of them women-owned.”
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Author: May Kunmakara
Source: The Phnom Penh Post
Before the tariffs were imposed on January 18, 2019, the EU has had been steadily increasing its imports of rice from both Cambodia and Myanmar, in particular of the cheaper long-grained indica variety, and as a consequence, the price of rice grown in the EU dropped significantly.
Led by Italy, EU rice-producing countries tabled a request for “trade safeguards” to be instated on imports from Cambodia and Myanmar of the long grain indica variety of rice, which started at €175 per ton for the first year and was reduced to €125 per ton this past year.
Both Cambodia and Myanmar are beneficiaries of the EU’s Everything But Arms (EBA) trade scheme which removes duty on exports from the two countries into the EU to help alleviate the poverty the two countries suffer from.
Even though this preferential treatment of Cambodia had been lifted by the EU in 2020 due to human rights concerns, rice exports to the EU were still allowed to benefit from the scheme.
Now with the lifting of these safeguards on January 18, Cambodian rice exporters are excited about the prospect of exports to the EU bouncing back to previous levels.
“We want to thank all the European Commission for supporting Cambodia and allowing these tariffs to be removed,” rejoiced Song Saran, president of the Cambodia Rice Federation (CRF) and CEO of Amru Rice, one of the top rice exporters in Cambodia that has more than 10,000 contract farmers.
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Author: Anthony McGonigle
Source: Khmer Times
This was reported by the Ministry of Agriculture, Forestry and Fisheries. The ministry reported that from May 202, Cambodia exported 638 tons of mangos to China. The ministry stated that demand for Cambodian mangos have continued to grow.
According to the ministry, the total amount of imports in the first half of the year amounted to $172.45 billion, which is an increase of 26 percent compared to the same period in 2020.
Exports stated that the Chinese market has great potential to be a new growth point in the export of fresh mangoes from Cambodia.
China continues to be a major trade and investment with Cambodia in the agricultural sector. Cambodia exports large amounts of longan, mangos, and other fruits to the country, and the ministry is aiming to expand the trade and markets of Cambodian exports to the China.
Mango exports to international markets is continually growing despite the pandemic. According to reports Cambodia exported 163,828 tons of mango in the first eight months of the year.
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Author: Khmer Times
Source: Khmer Times
Back in 2020, the government renamed the Cambodia Import-Export and Fraud Repression directorate-general to Consumer Protection, Competition and Fraud Repression Directorate-General (CCF) and revised its roles and responsibilities.
The Post interviewed Phan Oun, director-general of the CCF, on his organisation’s mission and the activities they carry out to help Cambodia’s consumers and businesses.
What is CCF’s mission?
The CCF directorate-general is an institution under the Ministry of Commerce that plays a key role in protecting consumers and its responsibilities are clearly defined, as indicated by the new name, as the protection of consumer rights and interests and ensuring market competition.
We work to ensure a fairly competitive business environment that is free from fraud while ensuring the safety and quality of products and services.
How do you accomplish that mission? What other roles does CCF have?
The CCF plays an important role in researching, formulating policies and strategies related to quality, safety of goods and services, and consumer protection and competition.
We also have the role of inspecting goods and services under our jurisdiction. We work with police and other authorities to investigate and prevent fraudulent business activities and we protect consumers’ rights and interests to ensure the quality, safety and regulatory compliance of products and services as well as taking action on contracts that restrict or defame market competition.
All of this helps to ensure a more competitive market for goods and services in Cambodia and that helps consumers by providing them with more options. More choices will generally lead to better products at lower prices because businesses must compete for market share.
The CCF also acts as the secretariat for the National Commission for Examination of Halal Products in Cambodia and the National Codex Committee as well as the secretariat of the Cambodia Competition Commission once it is established in the near future.
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Author: Long Kimmarita
Source: The Phnom Penh Post
It bought 96-99 percent of Cambodia’s cashew, pepper and mung bean exports, according to a report by Cambodia’s Ministry of Agriculture, Forestry and Fisheries.
Exports of Cambodia cashew to Vietnam grew 4.6 times from 2020, and that of pepper and mung bean surged four times.
Other produce that Vietnam bought in large amount from its neighbor were rice, grapefruit, bananas and mangoes.
Cambodian Agriculture Minister Veng Sakhom told Vietnam’s President Nguyen Xuan Phuc during the latter’s recent visit that Vietnam was Cambodia’s biggest importer among 70 countries and territories last year.
Vietnamese companies had also harvested $200 million worth of latex in the first 11 months last year, he added.
“Rubber farming has created jobs for around 33,000 locals. Vietnamese companies also contributed to over 50 precent of Cambodia’s banana exports, creating jobs for around 14,000 workers.”
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Author: E. VNExpress
Source: Khmer Times
Top Japanese retailer Aeon will offer international logistics services in Cambodia, drawn by Southeast Asia’s rising trade and cross-border e-commerce as the company seeks new growth drivers.
Subsidiary Aeon Mall plans to build a roughly 30,000-sq.-meter logistics center in a special economic zone near the southern port of Sihanoukville. It aims to launch the business in fiscal 2023, offering import storage, customs clearance and support for cross-border online retail.
Cambodia — part of the Regional Comprehensive Economic Partnership, the world’s largest trade bloc — has plans to develop part of the economic zone as a free trade port, with backing from the Japanese government and the Japan International Cooperation Agency.
The center will feature Cambodia’s first bonded warehouse, which lets importers store products from abroad without paying duties before they go through customs procedures. Companies can leave large quantities of goods there for a certain period of time, gradually withdrawing them as needed and paying any applicable tariffs at that time.
Demand for such facilities is growing worldwide as a way to raise supply chain efficiency and manage costs.
Aeon Mall, which operates two shopping centers in Cambodia, looks to have mall tenants use the bonded warehouse to store imports from Japan, Europe, the U.S. and elsewhere. It also will market its services to local retailers and e-commerce companies, along with Japanese consumer products makers looking to sell in Cambodia, and anticipates appliance and auto manufacturers will store parts at the facility.
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Author: Nikkei/ Asia
Source: Khmer Times
The Project on “Innovative Products Practices for Food processing in Myanmar” is being implemented by Directorate of Industrial Supervision and Inspection (DISI) under Ministry of Industry using the fund of ASEAN-Hong Kong (China) Free Trade Agreement ECOTECH Work Programme. The project will be implemented from November 2021 to March 2022 aiming to promote the development of food processing MSMEs in ASEAN and Hong Kong by sharing experiences and best innovative practices in food processing sector, and building the network and business linkages among food processing MSMEs. The objectives of this project are ; to build the network and business linkages among MSMEs in ASEAN and Hong Kong for the development of food processing MSMEs, to enhance the innovative practices among Myanmar MSMEs to produce innovative products in line with export strategies and investment trend, to encourage Myanmar MSMEs in producing food products by using International Norms, Innovation idea and Design thinking and to learn and study through practices from successful firms and theories from experts.
The project will be implemented in three phases. The first Phase and second Phase are: MSMEs Competition of potential food processing MSMEs in Ayeyarwaddy Region and Mon State and mentoring for selected MSMEs in order to provide guidance and consultations, and technology support by the experts. The third Phase is Hybrid Seminar will be held in January, 2022 (Physically for MSMEs and government officials in Myanmar and virtually for MSMEs in ASEAN and Hong Kong) for sharing best practices of innovation and experiences in food processing MSMEs
As the 1st phase of the project, MSME Competition for Potential food processing MSMEs for Ayeyarwaddy Region was held on 3.12.2021 in Pathein and Nay Min Low Sodium Salt, Green Toddy and MoMoKo Dried Nipa have been awarded. Competition for Mon State was held on 6.12.2021 in Mawlamyaing and Shwewarmyay Dried Konjac, JJY Mushroom Products and Pyi Myanmar Bakery have been awarded “Innovation Idea Awards for Food Processing”.
As the 2nd phase, the selected MSMEs in two regions are currently being mentored by local experts in order to enhance the innovative practices and to utilize good manufacturing practices in their production stages.