CDC approves 1,000MW clean energy investment

CDC approves 1,000MW clean energy investment Cambodia plans to add nearly 1,000 megawatts of clean electricity generation capacity to its national grid after the Council for the Development of Cambodia approved several renewable energy projects during the first half of 2026, totaling $1.04 billion. These projects, which incorporate solar, wind, and biomass energy, align with the government's sustainable development goals and the Power Development Master Plan 2022-2040. In 2025, renewable energy constituted 63% of the country's installed capacity, highlighting Cambodia's commitment to increasing this share to at least 70% by 2030. Electricity consumption rose significantly to 22,361 gigawatt-hours in 2025, driven by economic growth. By the end of 2025, 99.1% of villages and 96% of households had electricity access, reflecting substantial progress in energy integration with ASEAN partners. (Source: Khmer Times)

Canada eyes expanding investment opportunities in Cambodia Canada is a key trading partner for Cambodia, with bilateral trade reaching $681 million in the first half of 2026, a 1.78% increase from the previous year. Ambassador Christian DesRoches emphasized the growth of investments due to strong bilateral relations during a meeting with NBC Governor Chea Serey. Discussions included Cambodia's economic outlook and ways to enhance financial cooperation. DesRoches noted participation from Canadian officials in international banking meetings and highlighted upcoming investments during the Francophonie Summit. Both parties recognized Canadian contributions to Cambodia's banking sector and ongoing efforts to strengthen regulatory frameworks for financial stability. (Source: Khmer Times)

LOLC Cambodia expands cashless payment network for Indian travelers Indian visitors to Cambodia can now use UPI-enabled apps for cashless payments at over 20,000 merchants displaying LOLC KHQR. This payment system facilitates seamless transactions across hotels, restaurants, and shops in major cities like Phnom Penh and Siem Reap, enhancing the travel experience. As Cambodian tourism grows, with over 77,000 Indian visitors in 2025, this initiative supports local businesses while contributing to Cambodia's goal of a cashless economy. LOLC Cambodia's CEO, Mr. Sok Voeun, emphasized the commitment to delivering accessible financial solutions for tourists and merchants alike, fostering a smoother and more convenient travel environment. (Source: Cambodia Investment Review)