Asia Pacific Report
DIAL Civil aviation in India: The Indian aviation industry has shown continued growth in recent years with the key drivers being high GDP growth, steady industrial performance, higher disposable incomes, growth in consumer spending and low air fares.
Developing China’s Central and Western provinces is a huge task – and the improvement of transport infrastructure is key. By Joe Yamagata, director of private sector infrastructure finance, Asian Development Bank and John Duffy, head of global infrastructure, HSH Nordbank.
Temasek Holdings of Singapore has put its first genco up for sale and the winning bidder was China Huaneng Group. Mark Yeo, vice-president, and Mark Lee, assistant vice-president, at Oversea-Chinese Banking Corporation discuss the process.
The construction of new IPPs in Indonesia is hardly seen gaining momentum, despite licences being awarded much earlier. The government is now looking at reviewing its IPP policy in order to encourage investments. By Minerva Lau.
Australia’s power generation sector is proving to be the bright spot in the project finance market, as originators and syndicators have an increasingly good story to tell to credit approval committees about quality assets, a regulated sector and secure cashflows. By John Arbouw.
The proposal for the development of a third coal loader for the Port of Newcastle (located approximately two hours north of Sydney on the Australian eastern coast) had a lengthy gestation period. By Phillip Cornwell, partner, Rob Watt, partner, Mary-Frances Murphy and Arv Sreedhar, Allens Arthur Robinson.
To alleviate traffic congestion, a partially elevated expressway was proposed along the eastern fringes of the city centre to connect the Johor Customs, Immigration & Quarantine (CIQ) facility with the North South Highway. Lau Mun Loong and Patrick Fung of HSBC discuss the project.
Independents are taking advantage of high hydrocarbon prices by increasing their production assets and by investing in exploration; and innovative financial solutions are needed. Matthias Schemuth, a partner at Ashurst in Tokyo, looks at the options.