Samaiden partners with MVA in Cambodian venture

• "We are honoured to have MVA as our business partner in developing clean energy in the country, given its vast experiences and network in clean energy infrastructure.” 

KUALA LUMPUR (Dec 20): Samaiden Group Bhd’s unit Samaiden Sdn Bhd has signed a partnership agreement with Management Venture Asia (Cambodia) Ltd (MVA) on Monday (Dec 19) to explore clean energy-related business opportunities in Cambodia.  

The clean energy solution specialist said in a Bursa filing on Monday that MVA has successfully completed the development of a 20MW ground-mounted solar pro, in which the project was awarded a power purchase agreement by the Electricite du Cambodge in Auambodge in August 2019. 

Group managing director of Samaiden, Chow Pui Hee said: “We’re looking forward to collaborating with MVA, given their strong presence in Cambodia. Expanding in Southeast Asia is part of our five-year plan, given the region’s growing population and its geographical advantages.” 

“We firmly believe the partnership with MVA will ensure our expansion plans in Cambodia are focused. We are honoured to have MVA as our business partner in developing clean energy in the country, given its vast experiences and network in clean energy infrastructure.” 

The director of MVA, HE Salah Essa, said: “We are looking forward to this collaboration with Samaiden in the renewable and sustainable energy businesses in Cambodia and hope to draw on their industry experience and skills to make this venture successful for nation growth, (while) aligning with country goals towards Net Zero Carbon policy 2050.” 

Samaiden is a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (“PV”) systems and power. 

MVA, a business consultancy and clean energy project developer based in Phnom Penh, Cambodia, is primarily engaged in facilitating business ventures and taking products to market and market research.