This website uses cookies so that we can provide you with the best user experience possible. Our Cookie Notice is part of our Privacy Policy and explains in detail how and why we use cookies. To take full advantage of our website, we recommend that you click on “Accept All”. You can change these settings at any time via the button “Update Cookie Preferences” in our Cookie Notice.
Technical cookies are required for the site to function properly, to be legally compliant and secure. Session cookies only last for the duration of your visit and are deleted from your device when you close your internet browser. Persistent cookies, however, remain and continue functioning on repeat visits.
CMS does not use any cookie based Analytics or tracking on our websites; see details here.
Personalisation cookies collect information about your website browsing habits and offer you a personalised user experience based on past visits, your location or browser settings. They also allow you to log in to personalised areas and to access third party tools that may be embedded in our website. Some functionality will not work if you don’t accept these cookies.
| Regional leaders, such as Japan, China, South Korea and Singapore, are vying for supremacy in the communications sector. The numerous digital infrastructure investment opportunities are backed-up by strong regulatory frameworks and swift development capabilities in these countries. Whilst China, Japan, South Korea and Singapore are among the global 5G frontrunners, some other Asian countries are still struggling with their 4G rollouts. Belt and Road Initiative forging ahead?A multibillion-dollar network of projects launched in October 2013 by Chinese president Xi Jinping, the China-backed Belt and Road Initiative (BRI) aims to build comprehensive terrestrial, maritime and digital routes, connecting the East with the West. Perceived as the playground of China’s state-owned enterprises, due to some high-risk large infrastructure projects, the BRI has driven substantial investment in the APAC region. The increasing emphasis on greening the BRI is contributing to the success of several renewable energy projects, as APAC investors are keen to tout their ESG credentials. Multiple solar and wind generation schemes are already operational under the BRI, such as Pakistan’s 1GW Quaid-e-Azam solar park, 99MW Jhimpir wind farm and 49.5MW Dawood wind project in Pakistan, with more expected to come to the market over the next few years. |
Renewables auctions, tax incentives and feed-in tariffs are increasingly being deployed across the region. The promising development prospects of offshore wind projects in Taiwan enabled global investors, such as Macquarie, JERA and Ørsted, to take projects like the 128MW Formosa 1 and 376MW Formosa 2 plants to financial close in 2018.
Floating wind and solar are also prominent draws for investors in the region, with Korea’s 200MW Donghae floating windfarm project to be developed by Equinor, Korea National Oil Corporation and Korea East-West Power by 2024.
Social Media cookies collect information about you sharing information from our website via social media tools, or analytics to understand your browsing between social media tools or our Social Media campaigns and our own websites. We do this to optimise the mix of channels to provide you with our content. Details concerning the tools in use are in our privacy policy.