Alpha Mingdian Power officially inaugurated in Phnom Penh, Driving Cambodia's Green Energy Transformation

PHNOM PENH, CAMBODIA – October 20th – ALPHA MINGDIAN Power Development Co., Ltd. (AFM Power), a new joint venture between Cambodia’s Alpha Group and China's Guangxi Mingdian Investment Group Co., Ltd., officially inaugurated its operations in Phnom Penh. The company is set to become a key participant in Cambodia's rapidly evolving power sector and green transformation efforts.

The grand opening ceremony was attended by distinguished guests, including CHAM PRASIDH, Supreme Advisor to the King of Cambodia's Council, Neak Oknha LI KUNTAI, Chairman of the Alpha Group, and Chen Jun, Chairman of the Guangxi Mingdian Investment Group.

AFM Power is established as a diversified power service provider, integrating power engineering, power design, power equipment manufacturing and sales, photovoltaic new energy investment, and energy storage technology.

In his address, CHAM PRASIDH emphasized the timeliness of the new venture, stating that the strategic partnership with Mingdian Group and Alpha Group is the "right choice" for Cambodia's green energy future. He noted that Cambodia is at a critical stage of upgrading its energy infrastructure and modernizing its power system, which urgently requires the introduction of advanced technologies and management expertise to enhance the stability and reliability of the national power grid.

CHAM PRASIDH praised the foresight of the joint venture, covering key areas such as new energy investment and energy storage, adding that it will inject strong momentum into the stable operation and green transformation of Cambodia's power system. He further acknowledged the initiative as a positive response to Cambodia’s "Quadrilateral Strategy" and a concrete manifestation of China's "Belt and Road" initiative.

Neak Oknha LI KUNTAI stated that the establishment of AFM Power aims to expand investment and provide smart energy solutions in a highly promising business location. He affirmed the company's commitment to contributing to job creation and economic development by providing sustainable and efficient energy solutions through partnerships, innovation, and high commitment. Leveraging the Alpha Group's established reputation and investment experience in Cambodia. The company seeks to meet the country's energy needs across the industrial, construction, and general consumer sectors.

Chairman CHEN JUN of the Guangxi Mingdian Investment Group noted that Cambodia's current development stage is reminiscent of China's golden age of economic takeoff 20 to 30 years ago, indicating that the power industry is bound to usher in unprecedented opportunities. Looking ahead, AFM Power is committed to deepening its presence and becoming a key contributor to the development of Cambodia's electricity industry. Plans include providing high-quality design and construction services, supporting grid upgrades, and introducing advanced technologies and production lines to gradually localize power equipment production. The company also plans to build power-related industrial parks and actively invest in new energy and energy storage to aid Cambodia's green and sustainable development.

The ceremony concluded with the joint signing of the AFM Power Operation Cooperation Agreement and the unveiling of the company’s nameplate by the three principal attendees, officially launching the China-Cambodia power project.