Yuanta Reports

EDC announces price cut for large enterprises

Electricite Du Cambodge (EDC) has announced a price cut for large enterprises with capacities exceeding one megawatt. The cost will go from $0.165 per kWh to $0.14. Song Saran, CEO of Amru Rice (Cambodia), said small and medium enterprises (SMEs) will not benefit from the price reduction, as their electricity usage is not big enough. He urged the government to lower the electricity price for SMEs in order to allow them to be able to compete with the neighboring countries. Hun Lak, vice-president of the Cambodia Rice Federation (CRF), said electricity costs were 1.5 times higher than in neighboring countries, where production costs are lower. (Source: Khmer Times)

Economy & Industry

06th July 2017

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