15 join GMAC green project

Jul 8th at 08:08
08-07-2021 08:08:59+07:00

15 join GMAC green project

At least 15 garment factories are now involved in the Switch Garment project, an initiative to promote sustainable energy enhancement and investment in clean energy technologies in the garment sector in Cambodia.

Launched on September 11, Switch Garment is a joint venture between the Garment Manufacturers Association in Cambodia (GMAC), the Seoul-headquartered treaty-based international organisation Global Green Growth Institute (GGGI) and French NGO Geres-Cambodia.

GMAC operation manager and Switch Garment chairman Ly Tek Heng told The Post that “many well-known brands are interested in this project”.

He said a number of factories that supply brands and those with direct investment have asked to join the initiative.

“We are recruiting six more factories – we aim to have 20 factories or more,” Tek Heng said.

He said GMAC has been urging members to mount solar panels on roofs.

“Our project is related to energy sustainability, so they [factory owners] are the investors now that the price of electricity in Cambodia is the most expensive in the region.

“They are hence looking at other options that could give their investment a leg-up, such as installing solar panels on roofs, and moving from using firewood to other new options.

“We are looking at replacing light bulbs and boilers for ironing clothes with the new equipment and technologies that factories should use to reduce energy consumption,” he said.

According to Tek Heng, the EU-funded Switch-Asia programme has prepared a €2,995,748 ($3.54 million) budget for the project, which will run from 2020-2024.

Switch-Asia noted that GGGI’s economic modelling projects that a 20 per cent increase in energy efficiency in the garment sector would lead to a 31 per cent surge in energy productivity by 2030 and $2 billion saved in energy costs.

It said: “Cambodia’s garment industry is losing its edge compared to other countries like Bangladesh, Myanmar and Vietnam, given its high energy costs as well as recent increase in the monthly minimum wage, lagging infrastructure, productivity and logistics.

“The cost of electricity from the national grid in Cambodia is the highest in ASEAN. The average energy cost per tonne of garments is $560.

“Energy costs constitute a significant share of the total production costs, contributing 16.7 per cent, which is also higher than neighbouring countries.”

phnompenh post



NEWS SAME CATEGORY

Fast payments in tourism to get leg-up

The Ministry of Tourism plans to spearhead a bigger push for digital technologies, particularly in rapid-payment systems, and harness next-level innovations to...

27 companies join digital trade fair, pitch products

Twenty-seven Cambodian companies joined a Digital Trade Fair jointly conducted by the European Chamber of Commerce in Cambodia (EuroCham) and GIZ’s Business Scouts...

Tyre, furniture plants to fuel industries: official

Two companies’ investments in processing plants for tyres and furniture in Svay Rieng province will spur development in the Cambodian industry of rubber and other...

Capfish project swimming along: minister

The Cambodia Programme for Sustainable and Inclusive Growth in the Fisheries Sector (Capfish) is going swimmingly and the Kingdom is examining other opportunities...

Volume of agriculture exports up 85% in H1

Cambodia exported 4,454,505.33 tonnes of agricultural products in the first half of this year, surging by 84.64 per cent year-on-year, according to Minister of...

K Speu mango cooperative to invest in treatment plant

The Kirirom Keo Romiet Mango Agricultural Community (KKRMAC) plans to set up a mango treatment plant for export to the Chinese market, capitalising on a...

Australia: Gold industry adds lustre to Cambodia’s diversification plans

Australian charge d’affaires Luke Arnold said compatriot Renaissance Minerals (Cambodia) Ltd’s commercialisation of gold in southwestern Mondulkiri province’s Okvau...

$13.M e-bike plant planned for SEZ in Svay Rieng

Leisger (Cambodia) Co Ltd plans to build a plant to manufacture electric bicycles, batteries and other components, in a special economic zone (SEZ) of the...

Industrial sector begs for Covid pandemic reprieve

Industry sector representatives and international business chambers in Cambodia have urged the government to take steps to mitigate some of the consequences of...

Tourist arrivals down 93% in January-April

From January to April this year, Cambodia welcomed a total of 82,839 international tourists, down 93 per cent from 1,160,067 over the same period last year.


MOST READ


Back To Top