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Energy and Petrochemical
In terms of the energy and petrochemical industry, Preah Sihanouk Province will primarily develop LNG power generation, Koh Kong Province will focus on clean energy and Kampot Province, with its potential for wind power development on Bokor Mountain, will develop the refining and petrochemical industries in the port hinterland. With improved port logistics, investor-friendly regulations, and growing demand for both conventional and clean energy, the region is emerging as a hub for energy and industrial growth. Investors can tap into an integrated ecosystem of fuel imports, power generation, and downstream industries, underpinned by strong government support.
Strengths: Proven oil fields in coastal waters can serve as raw material supplies for future development. Besides, some ports have favorable deep-water conditions which are suitable for large cargo ships and can facilitate the import and export of raw materials and finished products.
Opportunities: Some companies have shown interest in oil extraction. The volatile international situation has deepened the need to establish Cambodia’s own petrochemical industry for national industrial security. Additionally, the petrochemical industry will also promote the development of agriculture, manufacturing, and other sectors, making it a necessary sector to facilitate the overall development of national industrialization.