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Cambodia Welcomes Investment in Sustainable Plastic Recycling

  • Posted Feb 23, 2024 09:48 by EAC News
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Phnom Penh: A1 Plastic Waste Limited, represented by Ms. Lee Hong Lan Deborah Anne, has expressed interest in investing in Cambodia's plastic waste recycling sector, specifically focusing on the use of recycled polyethylene terephthalate (RPET). This intention was conveyed during a meeting with Minister of Environment Eang Sophalleth on February 21st in Phnom Penh.

Focus on RPET and Economic Benefit: Ms. Anne highlighted the company's commitment to using RPET, a recycled plastic material with diverse applications, to contribute to reducing plastic waste in Cambodia and fostering economic growth.

Government Support: Minister Sophalleth welcomed the potential investment, emphasizing the government's support for initiatives that address environmental concerns and contribute to the nation's development. He encouraged A1 Plastic Waste to collaborate with relevant stakeholders and adhere to environmental regulations.

Potential Impact: This investment could have a positive impact by:

Reducing plastic waste: Diverting plastic waste from landfills and promoting sustainable waste management practices.

Creating jobs: The recycling process could generate employment opportunities within the local community.

Boosting the economy: RPET production could create new markets and contribute to Cambodia's economic growth.

Next Steps: While details regarding the investment amount, specific projects, and timeline are not yet available, this news indicates a potential partnership between A1 Plastic Waste and the Cambodian government to address plastic waste challenges and promote sustainable development.


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