Investment boost for Kingdom’s clean water sector

Investment boost for Kingdom’s clean water sector

 

Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), on Friday met with representatives from Hainan Litree Purifying Technology Co., Ltd. to discuss the company’s interest in expanding its investment in Cambodia’s clean water sector.

Cai Yunlong, Chief Executive Officer of Hainan Litree Purifying Technology, reported that the company established in 1992 is renowned for its expertise in membrane technology as it has established a global footprint with distribution agents operating in multiple countries.

The company’s flagship ‘Litree Brand’ water purification equipment is widely acclaimed for its efficacy in municipal water supply, industrial water reuse, and household drinking water purification, benefitting over 3 million households globally.

In Cambodia, Litree’s UF membrane products are currently deployed across various provinces and cities, contributing to a drinking water treatment scale of 11,000 m³/d.

Looking ahead, the company plans to inject $50-100 million into Cambodia’s water supply industry over the next 3-5 years.

Minister Vanndy welcomed the company’s initiative to expand its investment in Cambodia’s potable water supply, particularly in underserved areas lacking access to public or private water services.

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Reporter: Ben Sokhean

Publication date: May 13 2024

Source: Khmer Times