On 13^th December 2022, Mr. No Lida, CGCC’s Deputy Chief Executive Officer, led CGCC’s team to a Biogas-based power plant of a pig farm in Prey Nub District, Preah Sihanouk Province, and shared about CGCC’s credit guarantee schemes to the delegation, honorably participated by H.E. Tin Ponlok, Secretary of State of the Ministry of Environment, and Dr. Sar Chetra, Deputy Secretary General of the Ministry of Agriculture, Forestry and Fisheries. This site visit was coordinated by the United Nations Industrial Development Organization (UNIDO).

The field visit is designed to increase participants’ knowledge as well as disseminate an understanding of the benefits and challenges associated with implementing this biogas technology in agriculture, especially in piggery farms in Cambodia. Other than that, this field visit also helps to increase the cooperation between relevant stakeholders, including government institutions, development partners, private sectors, financial institutions, and researchers.

Through this visit, the participants particularly banks gain a better understanding of how biogas-based power plants would benefit farm operations in both economic and environmental aspects. This will encourage banks to create loan products with favorable conditions for business owners in this sector, meanwhile, CGCC is pleased to contribute to providing credit guarantees to​ support more guaranteed loan disbursement for businesses with environmentally friendly aspects.