The major players in Asian power supply are clamouring to invest in Cambodia, with the resultthat huge capacity expansion has been expected from 2015, as hydro-, gas- and coal-based schemes havebeen introduced. This should leave the country with plentiful spare generation. Neighbouring Vietnam,which will finance a number of power projects, plans to make good use of Cambodia's potential exportcapability, as does Thailand if a major coal-fired scheme comes to fruition.
Cambodia's power sector expansion strategy will focus on hydropower development over the comingdecade, given its relatively low LCOE and the country's robust hydropower potential. Chinese companieswill maintain their dominance in Cambodia's power sector competitive landscape, capitalising on their wellestablishedhydropower expertise and the Chinese government's desire to secure contract opportunitiesabroad.