Logo of Phnom Penh Post newspaper Phnom Penh Post - Pestech powering the Kingdom




Pestech powering the Kingdom

Content image - Phnom Penh Post
Pestech International Group CEO Lim Pay Chuan.

Pestech powering the Kingdom

Cambodia’s first publicly listed power infrastructure company is rolling out its transfer of technology initiatives – as well as lighting up the Kingdom.

Malaysian-owned Pestech (Cambodia) has for a decade been powering rural areas, nurturing local talent in the power industry and contributing to the growing domestic electricity sector.

“Since day one, Pestech has been committed to building up local talent and domestic technical know-how to promote independent operational activities in the company.

“More than 60 per cent of Pestech’s human resources are Cambodian nationals, including those involved in the design, engineering and accounts departments,” Pestech International group CEO Lim Pay Chuan told The Post.

Pestech’s technical team is able to operate independently in transmission line-related engineering capabilities, particularly pertaining to designing pylons, planning transmission line routes, conductor stringing and cross-river line engineering.

The company is currently involved in building around 850km of transmission lines and no less than five substation systems, including the key 500kV transmission system from Sihanoukville to Bekchan in Kandal province.

Some 515km of transmission line have already been completed.

Content image - Phnom Penh Post

“These projects are part of the overall national power grid development programme that aims to improve access to electricity for rural and urban requirements, including the much needed support of business and economic development through the enhancement of the living standards of the rural population in particular.

“A good example would be the bringing of reliable and stable power supply to Kampong Cham and Kratie provinces, where more business activities have since been established, including hotels, eateries and financial institutions,” Lim said.

Pestech was listed on the Cambodia Securities Exchange in August, with the funds raised to be used for the ongoing projects and as working capital.

“The building up of reliable power infrastructure is the base on which to fuel the economic growth of Cambodia. Industrial and social development depend significantly on the availability of a stable power supply to generate sustainable growth.

“The power sector is playing an important role in this fast growing economy by providing the much needed infrastructure that underlies the social and economic growth of Cambodia by bringing electricity to fuel the growth,” Lim said.

Pestech has also run people-centric programmes to reach out to local communities.

“We have been consistently supporting the welfare of the communities where we work. We have provided complimentary medical camps and youth development programmes, and renovated schools.

“We have also taken part in Red Cross annual fundraising campaigns and other corporate social responsibility programmes in Cambodia,” Lim said.

The power infrastructure builder’s net assets have grown from around $400,000 in 2010 to some $14 million last year.

A robust and reliable power infrastructure is vital to fuel a country’s economic growth – particularly in the case of Cambodia where there is an ever-growing demand for electricity as urban households’ incomes rise and industries continue to advance.

“It is evidenced that the country is consuming increasing amounts of electricity in line with its stable GDP growth over the past decade.

“Pestech is committed as Cambodia’s first listed power infrastructure company to developing such an important sector and the local expertise to operate and maintain it,” Lim said.

MOST VIEWED

  • Angkor provides ‘valuable’ water storage

    The Apsara National Authority (ANA) has stored millions of cubic metres of water at reservoirs in the Angkor area after Cambodia experienced a series of rainstorms over the last few days. The storing of the water, besides serving temple conservation, will also be used to

  • Would you like fries with that? US burger chain makes Phnom Penh debut

    California-based The Habit Burger Grill restaurant chain is all set to serve up a delicious array of charbroiled burgers and sides at its newest international location in the centre of Phnom Penh. The Habit is “renowned for its award-winning Charburgers grilled over an open flame,

  • Floods prompt evacuations in Kampong Speu

    Rain-induced floods and water flowing from Kampong Speu province have submerged the houses of 1,527 families living close to the Prek Thnot River in Spean Thma, Tien, Kong Noy and Roluos communes in Phnom Penh’s Dangkor district, according to data from local authorities. Spean Thma

  • Banteay Meanchey floods kill one more as death toll reaches 15

    As floodwaters start to recede in Pursat, Battambang and Pailin provinces and Phnom Penh, Banteay Meanchey continues to bear the brunt as one more person was killed on Monday, bringing the total number of flood-related deaths to 15 in the province this month. Banteay Meanchey provincial

  • Serving coffee with a side of robots

    The eye-catching glass building surrounded by greenery at the intersection of Streets 371 and 2002 in Phnom Penh’s Sen Sok district is more than just another coffee shop where you can while away a few hours. UrHobby House cafe is filled with robots and characters from

  • Cintri strike ends, workers’ contracts to be terminated

    CINTRI (Cambodia) Ltd rubbish collectors who have been on strike for the past 13 days agreed to return to work starting Wednesday evening after the company agreed to terminate their contracts at the end of January next year and provide seniority payments and other benefits to