Germany considers renewables funding
Germany’s development bank is considering expanding its investments into Cambodia’s renewable energy and agriculture sectors, a visiting German parliamentarian told the president of Cambodia’s Senate last week.
Thomas Gambke, chairman of the ASEAN Parliamentary Group in the German Parliament, met with Cambodian Senate President Say Chhum on July 6 and touted the potential for growth in both industries, according to Senate spokesperson Mam Bunneang.
Herbet Jaegar, vice president of DEG, a subsidiary of KfW, a German government-owned development bank, confirmed that his firm is currently looking at the feasibility of three agriculture and sustainable energy projects that are in the early stages of development.
