Cambodia’s shift to coal power riles global brands
Cambodia’s embrace of new coal power projects is making the Southeast Asian state “less attractive” to international brands producing in the country.
In a letter addressed to the Cambodian government and seen by the Nikkei Asian Review, several major companies expressed concern about the country’s plans to nearly triple the amount of power it generates from coal in coming years.
The planned surge follows years of drought which have exposed limits to the hydropower on which the country relies.
But the move has drawn concern from prominent brands including clothing giants H&M, Adidas, Puma and Gap, as well as U.S. bicycle manufacturer Specialized and Cambodian-Thai concrete firm Chip Mong Insee.
SHAUN TURTON
