Funding Vietnam’s Green Revolution

Vietnam is one of the fastest-growing economies in Southeast Asia growing at 6% a year but the power demand is increasing enormously by 10 to 15% a year and it’s a country which as a result of a large amount of coal piles is suffering from serious pollution in the cities. So the Central Bank and the ministry’s are focusing very much on how to invite more renewable energy into the country. The challenges are of course that the mandated debt-ceiling (65% of debt to GDP in Vietnam) ties the hands of government in terms of how much they can guarantee participation through international financiers into the local market. We are looking at ways of improving the environment for institutional investors willing to invest in a lower risk project finance type operations in the Vietnam market.