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NEW UPDATES Asean Affairs  20 November 2014  





Red tape thwarts energy investors

More and more foreign investors are keen to enter the power sector, but licensing remains tardy due to challenges related to build-operate-transfer contracts, selling prices, and foreign currency guarantees.

The people's committee of the northern province of Quang Ninh recently signed a memorandum of understanding with South Korea's Posco Energy for a 1,200MW electricity plant at an estimated cost of US$2 billion.

"Local authorities will closely co-operate with investors to study, investigate, and choose the best site for the plant as well as provide the best support for the investor to implement the project," Nguyen Van Thanh, deputy chairman of the People's Committee, was quoted as saying by Dau Tu (Viet Nam Investment Review) newspaper.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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