CAMBODIA’S COSTLY ELECTRICITY HAMPERING TEXTILE INVESTMENTS
February 1st, 2016
THE HIGH cost of electricity in Cambodia is holding the country’s textile investments from taking off, Blaise Kilian, the advocacy manager of the European Chamber of Commerce in Cambodia (EuroCham Cambodia) has told WTiN.
It is, he said, a “major obstacle” to investments in the textiles sector and “makes it economically unviable to power the heavy machinery required for such activity.” Mr Kilian stressed that reducing the cost of energy will be essential “if Cambodia is to transition away from labour-intensive industries [such as garment manufacture] ...
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