Cambodia Calls for Public Private Partnership to Drive Energy Transition

PHNOM PENH, May 8, 2026 (KPT) — Cambodia is urging closer cooperation between government, business and international partners to support its long term energy transition and build resilience against global fuel market volatility, officials said Wednesday.

Energy Minister Keo Rottanak told the International Business Chamber that instability in global fuel markets has directly affected businesses, transport costs and the wider economy, underscoring Cambodia’s dependence on imported petroleum.

He said the government is working with ministries, importers and distributors to maintain supply continuity, prevent hoarding and stabilize conditions.

“We cannot fully insulate the economy from global shocks, but we can maintain supply order, protect essential services and accelerate reforms that reduce structural exposure over time,” Rottanak said.

He highlighted Cambodia’s push for cleaner, more resilient power, noting that renewables now account for 63 percent of installed capacity. Major projects include a 1,000 megawatt battery storage system and the nearly $1 billion Upper Tatai Pumped Storage Project in Koh Kong province.

Rottanak stressed that success will depend on stronger public private cooperation, expanded financing and investment in energy efficiency and electrification. Around $33 billion has already flowed into the sector with support from the Asian Development Bank, World Bank, JICA and other partners.