MIGA, a member of the World Bank Group, has issued guarantees that will support the refinancing of existing power transmission infrastructure in Cambodia’s capital, Phnom Penh, and its surroundings.
The move paves the way for commercial funding to replace financing previously offered by the Export-Import Bank of Malaysia Berhad (Malaysia EXIM).
The project, implemented and operated by Cambodian Transmission Limited (CTL), consists of a 230kV transmission network that connects the Phnom Penh region with power generators in the east and northeast of the country.