Xinhua
Phnom Penh Water Supply Authority (PPWSA) revenues grew by 11 percent during the first five months of the year compared with the same period in 2009, local media reported on Tuesday, citing sector's General Director Ek Sonn Chan.
The water authority generated 10 million U.S. dollars in unaudited revenues in 2010 to the end of May, he said at a press conference announcing that the PPWSA had won the Stockholm Industry Water Award for 2010.
"The increase is the result of a rise in new customers as Phnom Penh recovers following the world economic crisis," he was quoted by the Phnom Penh Post as saying.
The authority generated an average of 2 million U.S. dollars per month since January from supplying water in Phnom Penh, an 11 percent rise from the 1.8 million averaged per month during the first five months last year, PPWSA statistics showed.
The PPWSA vends water at 0.25 U.S. dollar per cubic meter, kept cheap by maintaining a low loss rate around 6.3 percent, Ek Sonn Chan said.
It plans to expand production by building a third 80 million U. S. dollars water treatment station in late 2010, he said, able to produce some 130,000 cubic meters of water per day once complete.
Presently the PPWSA has two main water treatment stations able to produce a combined 300,000 cubic meters of water a day, distributed to customers through a 1,783-kilometer-long pipe network, according to information provided by the authority. The stations are located in Prek village and Chroy Changvar commune.
The authority plans to produce 430,000 cubic meters of clean water per day by 2015, distributed through a 2,300-kilometer -long network. It aims to distribute 560,000 cubic meters through 2,800 kilometers of pipeline by 2020.
The Stockholm Industry Water Award was awarded due to the PPWSA improving service and fighting corruption beginning in 1993, a press release said.
The water authority generated 10 million U.S. dollars in unaudited revenues in 2010 to the end of May, he said at a press conference announcing that the PPWSA had won the Stockholm Industry Water Award for 2010.
"The increase is the result of a rise in new customers as Phnom Penh recovers following the world economic crisis," he was quoted by the Phnom Penh Post as saying.
The authority generated an average of 2 million U.S. dollars per month since January from supplying water in Phnom Penh, an 11 percent rise from the 1.8 million averaged per month during the first five months last year, PPWSA statistics showed.
The PPWSA vends water at 0.25 U.S. dollar per cubic meter, kept cheap by maintaining a low loss rate around 6.3 percent, Ek Sonn Chan said.
It plans to expand production by building a third 80 million U. S. dollars water treatment station in late 2010, he said, able to produce some 130,000 cubic meters of water per day once complete.
Presently the PPWSA has two main water treatment stations able to produce a combined 300,000 cubic meters of water a day, distributed to customers through a 1,783-kilometer-long pipe network, according to information provided by the authority. The stations are located in Prek village and Chroy Changvar commune.
The authority plans to produce 430,000 cubic meters of clean water per day by 2015, distributed through a 2,300-kilometer -long network. It aims to distribute 560,000 cubic meters through 2,800 kilometers of pipeline by 2020.
The Stockholm Industry Water Award was awarded due to the PPWSA improving service and fighting corruption beginning in 1993, a press release said.
3 comments:
" "The increase is the result of a rise in new customers as Phnom Penh recovers following the world economic crisis," he was quoted by the Phnom Penh Post as saying "
Eat your hearts out Greek, Europ and USA! Cambodia is the first to recover from the world economic crisis!!!!!!!!!
Che Yo Hun Sen! Make sure the information is not from Kiet Chorn or Cham Prasit again!!!
Can a person survive 10 days in Latrin????????
What's this a blow job for comming stock exchange???????????
i think this is a good way to gradually increase fees for utilities in cambodia as life is getting better and public services are improving as well. it would be bad idea to expect high prices in the beginning as people are low-income, etc... however, as their lives are getting better and they are expected a small increase in their bills to meet operational expenses, etc...
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