Southeast Asia to spend $500b on power projects in the next five years

Southeast Asia to spend $500b on power projects in the next five years

Over 32,700 active projects will be scheduled for construction start-up.

Over the next five years (2018-2022), more than 32,700 active projects are
scheduled for construction start-up, amounting to a potential investment of
more than US$4.1t, according to Industrial Info Resources.

Industrial Info Resources currently is tracking more than 46,900 active
projects worldwide in power generation spending, reflecting an overall
investment value of more than US$6.3t.

Asia leads the rest of the world with more than 14,800 active projects that
amount to US$2.17t in investment value. East and Southeast Asia, with an
investment value of $1.27t, represent more than half of the whole
continent's activity in power generation spending.

In Southeast Asia, Industrial Info is tracking 3,300+ active projects that
are scheduled for construction start-up over the next five years
(2018-2022), reflecting potential spending of more than $505b. Indonesia
leads in project activity with almost 30% of the region's total investment
value.

The Philippines is second, although it has the highest number of projects,
with 18.6%. Vietnam ranked third with 19.5%. Coal is still a major fuel
source at 29.9% in power generation spending in the region; renewable energy
leads with 49.8%.

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Link to Original Article:
https://www.voacambodia.com/a/solar-wind-advances-offer-mekong-countries-alt
ernatives-to-dams-coal-experts/4045082.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com