Int’l mining conference kicks off in Cambodia

The first international conference on opportunities and challenges to Cambodia ’s mining industry kicked off in the capital city of Phnom Penh on May 26.
The first international conference on opportunities and challenges to Cambodia ’s mining industry kicked off in the capital city of Phnom Penh on May 26.

The two-day conference is being jointly organised by the United Nations Development Programme (UNDP) and Cambodia ’s Ministry of Industry, Mines and Energy (MIME).

Cambodian Prime Minister Hun Sen, MIME minister Suy Sem along with experts and representatives of leading power organisations and groups worldwide, including Vietnam ’s Department of Geology and Minerals attended the event.

High on the agenda of the conference will be mining management law and the role of the state, mineral exploration and exploitation- Potential and risk, regional and international experiences, environmental performance and basic principles for modern mining, the people dimension – impacts and benefits for workers and communities.

Speaking at the conference, Douglas Broderik, UNDP’s resident representative in Cambodia said if managed well, mining offers a potentially new source of revenue that could help the country reduce poverty rate, achieve Cambodia Millennium Development Goals (CMDGs) and improve human development.

However, he also warned of risk if the industry develops without considering environmental issues and polling opinions of local residents./.

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