Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia buys power generator from Finland

Cambodia buys power generator from Finland

Content image - Phnom Penh Post
Finnish Minister for Development, Cooperation and Foreign Trade Ville Skinnari (left) shakes hands with Prime Minister Hun Sen on Wednesday. hUN SEN’S FACEBOOK PAGE

Cambodia buys power generator from Finland

Cambodia has officially signed an agreement to buy a power generator from Finland, according to Prime Minister Hun Sen’s official Facebook page.

The Cambodian government approved the purchase of the 200MW power generator from Finland for $175 million, with it set to further bolster Phnom Penh’s power supply.

Cambodia last month also agreed in principle to purchase a 200MW generator from Germany for $180 million.

The deal was signed in a meeting with Finnish Minister for Development, Cooperation and Foreign Trade Ville Skinnari on Wednesday, following the World Trade Organisation’s annual review meeting in Geneva, Switzerland.

Both generators will be installed at a new $380 million oil and liquefied natural gas power plant in Koh Reah commune in Kandal province’s Lvea Em district.

Deal with Chinese companies

Cambodia’s state-run electricity supplier Electricite du Cambodge (EdC) signed an agreement with two Chinese companies last month to build the new facility.

CGGC-Un Power will build the 200MW Finnish Wartsila power plant, with China National Heavy Machinery Corporation installing machinery licensed by Germany’s MAN Energy Solutions, a subsidiary of Volkswagen AG.

The entire project will cost $380 million, with $300 million funded by the government and the rest from EdC.

Some $355 million will be allocated to the plant’s construction and $25 million to other infrastructure, EdC said.

Also during the meeting, Hun Sen asked Finland to buy Cambodian milled rice after the EU’s decision to impose tariffs on it, informing the Finnish minister that he felt the measure was unjust.

The EU in January decided to impose tariffs on the Kingdom’s rice imports due to their supposed impact on its member states’ rice farmers, following complaints from Italy and Spain.

Hun Sen also invited the Finnish minister to visit Cambodia to explore potential investments.

MOST VIEWED

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped

  • Kingdom, China rebut basis for US sanctions

    The Council for the Development of Cambodia, the Ministry of Foreign Affairs and International Cooperation, and Tianjin Union Investment Development Group Co Ltd (Tianjin) have responded to US sanctions on Union Development Group Co Ltd (UDG), a Chinese-owned company currently developing the sprawling $3.8 billion Dara

  • Influenza breaks out in eight provinces

    Nearly 600 people have been infected with influenza in eight provinces in the past month, Ministry of Health spokesperson Or Vandine said. The ministry is advising extreme caution. A report released by Vandine on Saturday said the Ministry of Health observed transmissions of influenza between August 15