Cambodian Growth Prospects Are Firming Up As Energy Needs Increase

Cambodian Growth Prospects Are Firming Up As Energy Needs Increase

 

Last month the Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia. According to the ADB, Cambodian Gross Domestic Product (GDP) is expected to rise 7.2% in 2013 and up to 7.5% in 2014. The special trade preference scheme in conjunction with the European Union importing products from Cambodia duty-free and quota-free, can partly explain this positive outlook. Although the Garment industry accounted for nearly 90% of Cambodian exports in 2011, it is no longer the only industry to support Cambodian exports.

The Blue Circle: The Next Generation of Renewable Energy Producers

The Blue Circle: The Next Generation of Renewable Energy Producers

 

French leading Renewable Entrepreneur Olivier Duguet is teaming with Southeast Asia Alternative Energy Specialist Jeff Peron to launch The Blue Circle. Headquartered in Singapore, with presence in Ho Chi Minh City and Phnom Penh, the new company aims at becoming a leading Independent Power Producer in the Greater Mekong River region. The Blue Circle is targeting to develop and invest in renewable energy projects in Vietnam, Cambodia, Laos, Thailand and Myanmar.....