Cambodia and Singapore signed the memorandum of understanding on energy cooperation, paving the way to energy transition infrastructure development and investment opportunities in energy connectivity in the ASEAN region.
The cooperation is expected to enhance energy security and sustainability in the region.
The MoU was signed virtually yesterday by Suy Sem, Minister of Mines and Energy, and Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry of Singapore.
The two sides agreed in principle to develop the transitional energy infrastructure and increase energy connectivity opportunities in ASEAN to enhance energy security and sustainability, said Heng Kunleang, director-general of the ministry’s energy department.
This cooperation is beneficial and a step towards the vision of ASEAN energy connectivity, in which the two countries are like-minded partners, taking into account common interests and common goals towards cleaner and more energy-efficient sources and towards zero emissions at or between the middle of the century, Kunleang told Khmer Times yesterday.
“Today’s Memorandum of Understanding reflects the two countries’ strong commitment to deepening energy partnerships to promote the use of renewable energy and the development of the ASEAN power grid and electricity interconnection for cross-border electricity trade to build more economic sustainability towards a common low-carbon future, as well as to achieve the ASEAN energy interconnected vision,” Kunleang said.
In fact, in 2021, energy from renewable energy sources, including hydropower, solar energy and biomass energy, increased to 40 percent. Also, in terms of the power capacity of Cambodia’s energy sources, the share of renewable energy sources is around 55 percent of the total installed power capacity.
In September, the two sides announced their agreement on deepening energy cooperation that would serve the mutual interests of both countries.
The Cambodian side welcomes investment in the field of renewable energy and technologies from Singapore to advance energy transition and power trade in the region, Sem said.
“Cambodia and Singapore agreed to explore the possibility of studying Renewable Energy or Green Energy to promote bilateral trade through power interconnection and pipeline systems,” Sem said.
Tan See Leng said that cooperation is beneficial and is a step towards realising the broader ASEAN Power Grid vision to enhance interconnectivity, energy security and sustainability in the region.
Source: Khmer Times
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<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
