Chinese Company Interested in Investing in Energy-from-Waste Project in Cambodia

China-based Zhongde Waste Technology (ZDWT) has expressed its interest to invest in energy-from-waste or waste-to-energy project in Cambodia.

The intention was made known by Mr. Chen Zefeng, Chairman and CEO of ZDWT, while meeting with Cambodian Minister of Commerce H.E. Pan Sorasak during the latter's visit to the company on Jan. 31.

According to a news release of Cambodia's Ministry of Commerce, Mr. Chen Zefeng briefed H.E. Pan Sorasak on ZDWT's background and activities, saying that his company has been investing in this field for more than 20 years and currently owns both large- and small-scale energy-from-waste plants in many Chinese provinces as well as cooperates with various partners in Japan, India, the U.S., Germany, etc.

In reply, H.E. Pan Sorasak spoke highly of ZDWT's high technology which not only is good for the environment, but also generates electricity. He pledged to help facilitating the study of the investment project in Cambodia and coordinating the discussion with the Ministry of Environment.

H.E. Minister also welcomed Mr. Chen Zefeng's suggestion to establish a Cambodian trade centre in Beijing, China, stressing that it will contribute importantly to promote Cambodia's investment policy, tourism and culture as well as other sectors to the Chinese people and investors who want to visit or invest in Cambodia. He said he would commission his relevant staff to conduct a study prior to making decision.

Source: Agency Kampuchea Press