Original report from Phnom Penh
30 September 2009
In the coming years, Cambodia will face some of the most expensive energy prices in the region and will suffer from a lack of energy that could hurt economic growth, US Ambassador Carol Rodley said Wednesday.
Rodley was speaking at a conference in Phnom Penh on energy development for the Greater Mekong sub-region, which ended Wednesday.
A number of energy companies, including General Electric and Chevron, as well as ConocoPhillips, AES, Schlumberger, Dupont and Rockwell Automation warn that Cambodia continues to suffer from the lack of energy resources and needs energy supplies for promoting economic growth.
“Energy prices here are amongst the highest in Asia, and connectivity is one of the lowest,” Rodely said.
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