‘Millions’ to be made off energy efficiency
Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday.
“It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors in Cambodia in general,” Thong Khon, minister of tourism and chairman of the National Committee for Clean City Assessment, said during an Asian Development Bank (ADB) workshop on power saving at Raffles Hotel Le Royal in Phnom Penh yesterday.
Khon said that reducing energy imports will help improve the competitiveness of Cambodia “by reducing overall costs and increasing operational efficiencies”.
Cambodia imports oil from Singapore, Thailand and Vietnam, and in the first 10 months of this year spent $1.2 billion on oil imports, data from the Ministry of Commerce show. …
Anne Renzenbrink
http://www.phnompenhpost.com/business/%E2%80%98millions%E2%80%99-be-made-energy-efficiency
