PHNOM PENH, Nov. 6, 2009 (Xinhua News Agency) -- Energy demand in Cambodia will grow 3.7 percent per year from 2005 to 2030, outpacing the regional average of 2.4 percent, local media reported on Friday, citing a new report by the Asian Development Bank (ADB) and the Asia-Pacific Economic Cooperation (APEC).
The report, Energy Outlook for Asia and the Pacific, which was released Tuesday at the Pacific Energy Summit in Tokyo, projects that energy demand in Cambodia will rise from 4.8 million tonnes of oil equivalent in 2005 to 12 million tonnes in 2030 as manufacturing industries are established and more households are connected to the electricity grid, the Phnom Penh Post reported.
It did not say how much Cambodia would need to invest to meet energy needs, but placed the price tag for the Asia and Pacific region at between 7 trillion U.S. dollars and 9.7 trillion U.S. dollars.
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