Infrastructure & PPPs in Singapore, Laos and Cambodia - Q2 2025 Update

YOG INFRA Q2 2025 insights

There is notable progress on infrastructure project development in SINGAPORE, LAOS and CAMBODIA across various sectors, with a strong focus on transport connectivity and clean energy transition. SINGAPORE is taking lead on integrating AI solutions in renewable energy development, wherein Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest in and expand artificial intelligence (AI) infrastructure. LAOS is taking bold steps to modernize its ariport through PPP and is making use of capital markets through green bond raise. CAMBODIA has taken e-mobility penetration as a priority with help of international investors.

Read the latest developments in Infrastructure and PPPs in the three countries in our latest insight.

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SINGAPORE

JALAN BESAR COUNCIL UNVEILS FIVE-YEAR MASTERPLAN

The Jalan Besar Town Council has launched a five-year master plan for 2026–2030 focused on sustainability and inclusivity in Singapore. The plan will introduce energy-efficient infrastructure, including smart LED lighting and solar panels, alongside expanded green spaces and more accessible public amenities. It aligns with the Singapore Green Plan 2030 and will also pilot dementia-friendly navigation aids and higher planter boxes for inclusivity in community gardens.

The town council, which coordinates Action for Green Towns across all PAP town councils, engaged over 3,000 residents and government agencies during planning. More than 100 upcoming projects were previewed during the April 2025 launch. Recent upgrades across the GRC include 62 lifts, 439 blocks with solar panels, and improved MRT and market facilities, benefiting over 53,000 households. The plan aims to enhance intergenerational bonding while modernizing one of Singapore’s oldest constituencies.

SEMBCORP SIGNS 25-YEAR RENEWABLE ENERGY PURCHASE AGREEMENT WITH MALKOHA

Sembcorp Industries (Sembcorp) has announced that its wholly owned subsidiary, Sembcorp Solar Singapore Pte Ltd, has signed a 25-year Renewable Energy Purchase Agreement (REPA) with Malkoha Pte Ltd (Malkoha), a subsidiary of Meta Platforms, Inc. Under the REPA, Sembcorp will build, own, and operate an approximately 150 MWp floating solar photovoltaic (PV) system on Kranji Reservoir in Singapore.

This PV system will support Meta’s operations with renewable energy in the region, including its data centre operations in Singapore. Subject to fulfilling the conditions under the REPA and obtaining the necessary approvals from the relevant authorities, construction of the floating solar farm is expected to commence in the first half of 2027.

DHL BIDS TO BOOST HEALTHCARE LOGISTICS WITH SINGAPORE HUB

DHL Supply Chain has opened a new Pharma Hub in Singapore, adding to its expanding Life Sciences and Healthcare (LSHC) infrastructure across Asia Pacific. The 8,200 square metre site is part of DHL Group’s EUR 500 Mn (USD 569 Mn) regional investment and marks a targeted move to improve healthcare logistics and meet growing demands in the sector. Located at 8 Jurong Pier, the hub offers temperature-controlled zones and advanced cold chain systems. These facilities help preserve the integrity of medical products through every stage of transport and storage.

The launch falls under DHL’s global Strategy 2030 and highlights the group’s commitment to delivering improved logistics for life-saving treatments and products. DHL’s new Pharma Hub sits near Tuas Bio-Medical Park, with direct links to Changi Airport and Tuas Mega Port. This positions the site for efficient global distribution and provides a logistics backbone for pharmaceutical customers across the region.

The temperature-controlled areas include ambient zones (15°C to 25°C) and cold rooms (2°C to 8°C), ensuring safe conditions for sensitive goods. The site is compliant with Good Manufacturing Practice (GMP) standards and equipped with airtight loading docks and anterooms to maintain uninterrupted cold chain operations.

SEMBCORP SECURES SGD 650 MN ENERGY DEAL WITH ASTER CHEMICALS

Sembcorp Industries has secured contracts exceeding SGD 650 Mn (USD 503.93 Mn) to supply gas, power, and utility services to Aster Chemicals and Energy in Singapore. The services will support Aster’s integrated refining and chemical operations located in Pulau Bukom and Jurong Island.

In addition to the contract, both companies entered a six-month memorandum of understanding (MoU) to explore joint infrastructure projects and industrial park development across Singapore, Indonesia, and Southeast Asia. The collaboration highlights Sembcorp’s expanding regional energy footprint and commitment to integrated utilities solutions.

TEPCO AND ESR TO BUILD ROOFTOP SOLAR PROJECTS IN SINGAPORE

Japanese utility Tokyo Electric Power Co. Holdings Inc., better known as TEPCO HD, and real asset owner ESR Group Ltd. have ensured financing for a partnership that could develop up to 40 MW of rooftop solar arrays in Singapore.

TEPCO HD, a special purpose vehicle (SPV) formed with ESR, has signed a financing deal with Bank SinoPac under which the latter will lend an initial SGD 9.5 Mn (USD 7.4 Mn) to finance the development of some 10 MW of projects. The sum could eventually be increased to SGD 35 Mn (USD 27.39 Mn) to support a total project portfolio of 40 MW.

The goal of TEPCO HD is to eventually achieve a total rooftop solar capacity in the Asia-Pacific region of 100 MW. To that end, the SPV with ESR has signed power purchase agreements (PPAs) with multiple electricity users. TEPCO Global Energy Pte Ltd., a unit of TEPCO HD, is meanwhile looking at markets beyond Asia, such as Australia. It plans to introduce their storage batteries and energy management systems.

TEMASEK JOINS MICROSOFT, BLACKROCK & MGX TO DEVELOP AI INFRASTRUCTURE

Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest in and expand artificial intelligence (AI) infrastructure. The Singapore investment company has joined AI Infrastructure Partnership (AIP), a group that also includes BlackRock’s Global Infrastructure Partners.

AIP, formed in September 2024 with a goal to initially invest more than SGD 38 Bn (USD 30 Bn) in AI-related projects, is one of the world’s largest efforts to invest in data centres and energy facilities needed to power AI applications. It aims to mobilise up to USD 100 Bn, including debt financing, for such investments, which will focus on the US.

Temasek’s participation comes after the Kuwait Investment Authority joined AIP. The sovereign wealth fund of Kuwait was the first non-founder financial anchor investor to join the consortium. Temasek’s investment in the AI Infrastructure Partnership reflects our focus on the big shifts and trends of the future. AI is potentially the most transformative and impactful technology for all sectors and businesses.

SINGAPORE KEPPEL FORGES USD 1.5 BN PARTNERSHIP WITH ASIAN INFRASTRUCTURE INVESTMENT BANK

Keppel Ltd. (Keppel), through its fund management and investment platforms, has signed a Strategic Partnership Agreement with the Asian Infrastructure Investment Bank (AIIB) to facilitate and mobilise up to USD 1.5 Bn worth of sustainable infrastructure investments and financing opportunities in the Asia Pacific region. This strategic partnership will focus on funding infrastructure projects developed by Keppel and invested by its private funds which advance green infrastructure, connectivity and technology-enabled infrastructure.

Keppel and AIIB’s partnership will explore such projects in sectors including power transmission and distribution, renewable energy, digital infrastructure, transportation and urban services. This collaboration will leverage Keppel’s deep expertise in innovative solutions for large-scale sustainable infrastructure and AIIB’s capacity to provide long-term capital through both debt and equity financing instruments.

The partnership is expected to cover projects across developing economies in the Asia Pacific region, with an initial period of five years ending in December 2030, in line with AIIB’s Corporate Strategy for 2021-2030. It will also serve as a strategic platform for fostering knowledge exchange and best practice sharing, as well as deepening the existing partnership and communication channels between the two organisations.

PACIFICLIGHT AND BRIDGE DATA CENTRES SIGN MOU TO POWER SINGAPORE DATA INFRASTRUCTURE WITH HYDROGEN-READY AND RENEWABLE ENERGY

PacificLight Energy, a subsidiary of PacificLight Power (PLP) has signed a Memorandum of Understanding (MoU) with Bridge Data Centres to supply the latter’s data center operations with a mix of power from green energy and its “hydrogen-ready” natural gas facility, which is currently being developed on Jurong Island, Singapore.

Both companies will also explore renewable and low-carbon energy solutions—such as rooftop solar, hydrogen fuel cells, and on-site battery storage—for powering data centers, Data Center Dynamics reports. While still at the MoU stage, this collaboration reflects growing momentum toward sustainable energy infrastructure in Singapore and could offer valuable insights for Asia-Pacific countries like the Philippines.

PLP, a Singapore-based energy company, is a joint venture owned by Hong Kong’s First Pacific Company Limited and Meralco PowerGen Corporation, the generation arm of the Philippines’ Manila Electric Company (Meralco). The company currently operates an 830 MW combined-cycle gas turbine plant on Jurong Island. It is also recognized for its low-carbon energy initiatives, including the issuance of renewable energy certificates and research into carbon capture technologies, supporting Singapore’s 2050 net-zero ambitions.

YINSON GREENTECH, WILHELMSEN SHIPS SERVICE ROLL OUT ELECTRIC VESSEL CHARGING STATION IN SINGAPORE

Yinson GreenTech (YGT), a Singapore-based provider of green technology solutions, has introduced an electric vessel charging station at the Pandan Loop facility in Singapore, developed in partnership with Norwegian maritime solutions provider Wilhelmsen Ships Service (WSS). This marks the first collaborative charging station between the two companies, with plans to expand the network in the near future.

The station features six IP67-rated CCS2-ready power outlets, accommodating a range of electric harbor craft with varying power capacities. Equipped with dynamic load balancing and adaptive load management, the system ensures efficient power distribution and supports the growing demand for maritime electrification. This infrastructure is designed to facilitate cleaner and more sustainable port operations.

Under the agreement, R W Marine Services will lease and manage a fleet of electric vessels supplied by YGT, while WSS plans to charter these vessels for zero-emission launch services. The initiative supports Singapore’s efforts to reduce emissions in its maritime sector, enhancing air quality and promoting sustainable logistics through advanced electric vessel technology.

LAOS

SETTHATHIRATH BRT ROAD ON TRACK FOR COMPLETION 

Vientiane authorities are racing to complete the Setthathirath Bus Rapid Transit (BRT) road in time for Lao New Year celebrations. The project, part of the Vientiane Sustainable Urban Transport Project (VSUTP), includes widened lanes for dedicated bus services, drainage upgrades, and pedestrian improvements.

The BRT system, expected to launch fully by late 2025 following a three-month free trial, will deliver sustainable and eco-friendly transport for residents. Supported by international funding, the project marks a major upgrade in the city’s infrastructure and a step forward in modernizing urban mobility in the Lao capital.

VANG VIENG LAUNCHES SUSTAINABLE WASTE SYSTEM WITH AMUSE PROJECT IN LAO PDR

Vang Vieng town in Laos has successfully concluded the ASEAN Municipal Solid Waste Management Enhancement (AMUSE) Project in Laos. Led by the Global Green Growth Institute (GGGI) and Laos’ Ministry of Natural Resources and Environment, the two-year initiative introduced 75 recycling banks across hotels and restaurants, recovering 108 tons of recyclables monthly. The system has benefited nearly 500,000 residents and tourists and engaged 286 hospitality providers in waste source separation.

The project’s circular economy model, including organic waste management and informal worker support, has transformed Vang Vieng’s waste practices. Local recyclers report quadrupled volumes of cleaner materials, while public and private sector staff received sustainability training. 

LAOS LAUNCHES UNDERGROUND CABLE PROJECT

The Government of Laos has begun transitioning its low-voltage electricity, internet, and communication cables underground to reduce fire hazards, improve public safety, and modernise its utility infrastructure. The project is led by Electricité du Laos (EDL) and Sisan International Joint Development Sole Company Limited.

The first phase will cover a 12 km stretch in Vientiane, targeting key government and public zones. Subsequent phases will expand to four districts in the capital and later to other provincial capitals. The move comes amid persistent problems with tangled and overloaded overhead cables causing frequent outages and even fatalities.

NEW LAOS-THAILAND FRIENDSHIP BRIDGE NEARS COMPLETION

The fifth Lao-Thai Friendship Bridge, connecting Borikhamxay province in Laos and Bueng Kan province in Thailand, is now 98% complete and expected to open by the end of 2025. Stretching 1,350 meters across the Mekong River, the project is progressing ahead of schedule and is seen as a key infrastructure link for the Greater Mekong Subregion.

Construction began in 2021 after both governments approved the design in 2018, with initial planning dating back to 2014. Funded in part by a loan from Thailand’s Neighbouring Countries Economic Development Cooperation Agency (NEDA), the project includes the bridge, access roads, and border facilities on the Lao side. Compensation has been provided for over 52 hectares of land acquired for the project.

Once operational, the bridge is expected to boost cross-border trade, tourism, and connectivity between Laos and Thailand, further integrating their economies. It will join the four existing Lao-Thai Friendship Bridges that link various provinces across the Mekong, helping turn the border regions into economic hubs.

LAOS’ LARGEST REGIONAL WIND FARM SET TO LAUNCH BY LATE 2025

The Government of Laos is preparing to inaugurate the Monsoon Wind Power Project, the country’s first and Southeast Asia’s largest wind farm, by the end of 2025. The USD 930 Mn project features 133 fully installed turbines spread over 68,000 hectares across Dakcheung district in Xekong province and Sanxay district in Attapeu province, covering multiple provinces for the first time.

The wind farm will generate 600 MW of clean energy, which will be exported to Vietnam under a 25-year power purchase agreement with Vietnam Electricity (EVN). Power transmission will use a 500 kV line. The project is operated by Monsoon Wind Power Company Limited, a joint venture that includes ACEN, the Ayala Group’s renewable energy platform, which holds a 25% stake.

The turbines, standing 110 to 140 meters tall, are strategically positioned based on eight years of wind data. Beyond energy generation, the project aims to support sustainable development, create jobs, and boost local communities through social programs in agriculture, education, and healthcare. The government sees the wind farm as a key step toward reducing carbon emissions, enhancing national energy security, and meeting the 2050 net-zero emissions goal.

LUANG PRABANG AIRPORT UPGRADATION TO BE COMPLETED UNDER PPP MODEL

Pre-qualification documents have been submitted by eight companies, including seven international and one local firm, to participate in the Luang Prabang International Airport Improvement and Development Project in Laos. The Ministry of Public Works and Transport (MPWT) is evaluating the submissions based on experience and technical qualifications before inviting selected bidders to submit their full technical and financial proposals by the end of June 2025.

The shortlisted firms include:

1.       CAIEC

2.       Yunnan Infrastructure Investment

3.       China Road and Bridge Corporation (China)

4.       Jalux Inc (Japan)

5.       Limak (Turkey)

6.       Korea Airports Corporation (South Korea)

7.       Muhiban Engineering (Malaysia)

8.       Laos-based Phongsavanh Group

The Public-Private Partnership (PPP) model initiative aims to modernise the country’s second busiest airport to boost tourism and regional connectivity. Final bidding is expected to conclude by the end of 2025.

LOCA LAUNCHES USD 2.5 MN GREEN BOND TO ACCELERATE EV SHIFT IN LAOS

LOCA has launched a USD 2.5 Mn Green Bond to scale up electric vehicle (EV) adoption and infrastructure across Laos. The funds will support the expansion of its EV charging network, including converting unused gas stations into EV charging and community hubs.

A portion of the funds will also be allocated to growing LOCA MINI, an all-electric taxi service, aimed at offering safe and accessible urban transport. The bond is being issued with support from BCEL-KT Securities, LDB Securities, and Lao-China Securities.

The company is advancing its original 2035 target to become a fully electric fleet by five years, now aiming for 2030. Currently, 90% of its 1,000+ drivers use EVs. With over 8,000 BEVs registered in Laos and EV drivers saving up to 70% in fuel costs, LOCA believes the transition is both economically and environmentally beneficial. 

LAOS PRIORITISES KEY TRANSPORT PROJECTS FOR REGIONAL CONNECTIVITY

The Government of Laos has announced that Laos will prioritise key transport infrastructure projects to improve domestic, regional, and international connectivity, thereby supporting trade, investment, and economic activity.

The Government has outlined upgrades to critical routes such as Road No. 13 North (Sikhai to Phonhong) and Road No. 13 South (71 km to 346 km). Preparations are also underway for a loan to upgrade Road No. 13 South from 21 km to 71 km. Bidding is in progress for improvement contracts on Roads 2E, 2W, and 12.

Renovation of National Highway No. 9 is planned through funding from truck service fees, with similar models considered for other roads. Expressway projects under planning include the Oudomxay–Boten section of the Laos–China Expressway and the Vientiane–Hanoi Expressway.

Bridge infrastructure is progressing steadily:

1. The Huaykeo–Kontuen bridge across the Mekong in Bokeo is 98.85% complete.

2. The 5th Lao–Thai Friendship Bridge (Pakxan–Beung Kan) is 97.37% complete, with opening expected in December 2025.

3. Construction of 12 bridges on Road No. 20 in Champassak and Saravan provinces is over 61% complete.

4. A loan request has been made for the Xiengman–Luang Prabang bridge, and a feasibility study is underway for the 6th Lao–Thai Friendship Bridge (Saravan–Ubon Ratchathani).

5. Airport upgrades are also being planned for Wattay, Luang Prabang, and Pakxe international airports.

Freight performance has exceeded expectations: 3.89 million tons of cargo were transported, 0.95% above target, with rail carrying 1.52 million tons—6.27% beyond the 2025 goal. The Laos–China Railway has transported 1.23 million passengers in the first five months of 2025, surpassing its annual target by 6%.

LAOS LAUNCHES KEY NATIONAL ROAD UPGRADE

The Government of Laos has commenced a USD 70 Mn infrastructure upgrade of National Road 13 South, focusing on a 50 km stretch between Vientiane Capital and Borikhamxay Province. The project, aimed at improving regional connectivity and freight capacity, is part of the country’s broader 2026–2030 infrastructure development strategy.

The targeted section runs from Khoksivilay village in Xaythany district to Xaysavang village in Thaphabath district. The first 20 km will be expanded from two to four lanes, while the remaining 30 km will be rehabilitated to meet international road standards. Upgrades will include a new asphalt surface and capacity for vehicles up to 11 tons.

Jointly executed by Road No.8 Construction Enterprises and Somxay Chalern Construction, the project is overseen by the Department of Roads under the Ministry of Public Works and Transport. Funding comprises a USD 40 Mn loan from the Asian Infrastructure Investment Bank (AIIB), USD 20 Mn from the Abu Dhabi Fund for Development, and a USD 12 Mn commitment from the Lao government.

Construction is expected to span three years, followed by a seven-year maintenance period. The project also forms part of a larger 275 km corridor upgrade from Borikhamxay to Thakhaek in Khammouane Province, backed by USD 157.5 Mn in multilateral loans.

CAMBODIA

GRAB AND CHARGE+ TO ENHANCE EV CHARGING ACCESS IN CAMBODIA

Grab, Southeast Asia’s leading superapp, has signed a memorandum of understanding (MoU) with Charge+ to support the adoption of electric vehicles in Cambodia by offering exclusive discounted charging rates to its driver-partners. The partnership is aimed at lowering EV operating costs and helping drivers transition to cleaner transport options. Charge+ will integrate Grab’s driver network into its EV charging infrastructure, allowing drivers easier access to app-based payment and charging services.

The collaboration is aligned with Cambodia’s national plan to have 770,000 EVs on the road by 2030. Both companies will explore additional initiatives such as financing support and awareness campaigns to further encourage EV use. Charging stations will be expanded in key urban areas with dedicated slots for Grab drivers, ensuring greater accessibility and reliability.

MORODOK TECHO FLYOVER LAUNCHED TO BOOST TRAFFIC FLOW IN PHNOM PENH

The Government of Cambodia has launched the Morodok Techo flyover in Phnom Penh. The two-storey structure, located at the busy intersection of Hun Sen Boulevard, Monivong Boulevard, and RCAF Boulevard, was completed six months ahead of schedule. Costing nearly USD 36.8 Mn, the project took 30 months to complete and is expected to ease congestion in the city’s southern areas.

The new flyover is part of a broader strategy to improve connectivity between the capital and provinces along National Roads 1 and 2. It also links to major upcoming projects like the new international airport and the Funan Techo Canal. This marks the eighth flyover in the city, reinforcing Phnom Penh’s urban infrastructure and investment appeal.

BYD TO LAUNCH USD 32 MN EV ASSEMBLY PLANT IN CAMBODIA BY 2025

China-based BYD is set to begin operations at its new USD 32 Mn assembly plant in Cambodia’s Sihanoukville Special Economic Zone in the Q4 2025. The plant will create 200 jobs and position BYD alongside global automakers like Ford, Toyota, and Hyundai, which already operate in Cambodia. In addition, BYD plans to open two service centers and deploy 200 EV charging stations across the country, reinforcing its long-term commitment to Cambodia’s green mobility goals.

The 12-hectare facility will operate as a CKD (Completely Knocked Down) assembly plant, importing pre-assembled components from China and assembling them locally. This model allows BYD to bypass high initial capital expenditures while accelerating time-to-market. With an annual capacity of 10,000 vehicles, the plant will initially focus on battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), directly addressing Cambodia’s growing demand for affordable EVs. The facility’s dual role as a regional export hub—targeting markets like Vietnam, Laos, and Thailand—positions BYD to capitalize on Southeast Asia’s fragmented automotive supply chain.

Cambodia registered 2,253 electric vehicles in 2024, up from 313 in 2023. The government aims for 40% of cars and urban buses and 70% of motorbikes to be electric by 2050.

THE GOVERNMENTS OF CAMBODIA, CHINA SEAL USD1.2 BN DEAL FOR FUNAN TECHO CANAL

The Governments of Cambodia and China have finalised a USD 1.2 Bn financing deal to build the long-delayed Funan Techo Canal in Cambodia. The 151.6 km canal will link the Mekong River near Phnom Penh to the Gulf of Thailand, forming a new inland waterway capable of handling 3,000 DWT vessels. The project, scaled down from its original USD 1.7 Bn and 180 km plan, will be built via a Public-Private Partnership (PPP) model with Cambodia-based entities holding 51% and Chinese investors 49%. The China Road and Bridge Corporation will undertake construction.

The Cambodian government expects the canal to create up to 50,000 jobs, enhance transport logistics, and strengthen economic ties with China. However, environmentalists warn the project may disrupt Mekong flood patterns and affect agriculture in Vietnam’s Mekong Delta.

JAPAN’S EREX TO BUILD BIOMASS POWER PLANT IN CAMBODIA

Japanese renewable energy developer Erex aims to start constructing a 50 MW biomass-fired power plant in Cambodia in mid-2025.

The plant in southern Cambodia's Kampong Speu province will be the first biomass-fired power project for Erex in the country. It is scheduled to start commercial operations in the 2027-28 fiscal year, and will burn domestic wood chips and agricultural residues to generate around 350 GWh/yr.

The Cambodian government will purchase all the electricity generated at the plant for 25 years after its start-up. Erex plans to build up to five biomass-fired power plants which will burn domestic biomass fuels, as well as several wood pellet factories in Cambodia. The government expects these projects to raise the country's energy security.

FEASIBILITY STUDY COMMENCES FOR PHNOM PENH–POIPET RAILWAY UPGRADE

Cambodia’s Ministry of Public Works and Transport (MPWT) has launched a major feasibility study for the Phnom Penh–Poipet Railway upgrade, supported by a USD 300 Mn grant from Japan. The project, involving CRBC and Royal Railway, aims to modernise the 386 km line with advanced infrastructure, signalling systems, and station renovations to boost safety and operational efficiency.

The upgraded railway will allow speeds of up to 80 km/hr for passengers and 50 km/hr for freight, connecting six key provinces and enhancing Cambodia’s regional trade and logistics network. The improvements include stronger foundations, concrete sleepers, advanced communications, and multimodal integration.

CHINA HUNAN CONSTRUCTION INVESTMENT SIGNED A 150MW WIND POWER PROJECT IN CAMBODIA

Zhongxiang Capital New Energy Co., Ltd., together with Zhongxiang Overseas and Hong Kong Oasis Power Energy Development Co., Ltd., officially signed a cooperation agreement to jointly build a 150 MW wind power project in Mondukiri in Cambodia.

The project is in Mondulkiri Province, Cambodia, with a total installed capacity of 150 MW, and is the first batch of large-scale wind power projects in Cambodia, filling the gap in the country's wind energy development field and realizing the efficient use of local high-quality wind energy resources. The project is scheduled to be completed in 2028 and is expected to generate 465 million kWh of electricity annually after commissioning, which can meet the electricity needs of about 300,000 households and reduce carbon dioxide emissions by about 380,000 tons per year, helping Cambodia achieve the goal of 70% clean energy by 2030.

The project will follow international environmental standards, bringing China's wind power expertise to meet Cambodia's needs and set a model for green energy cooperation. The agreement marks Zhongxiang Capital's breakthrough in the Belt and Road new energy market and supports Hunan Construction Investment Group's global strategy. The three parties also plan to expand wind, solar, and energy storage projects across Southeast Asia and the Belt and Road.

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List of key transactions - Singapore, Laos and Cambodia Q2 2025

Source: YOG INFRA, Public Information

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