February 6, 2011, 5:26pm
MANILA, Philippines – The Philippines is the third best site for investments that bring down energy consumption and a study launched by the British Embassy last week revealed.
Moreover, the same study found out that the country can even attract a huge chunk of energy efficiency investments amounting to at least $790 million.
The embassy launched the study during a forum by the Makati City government with the special participation of the La Liga Policy Institute (La Liga).
Energy efficiency investors are considering six South East Asian countries, namely Singapore, Vietnam, Indonesia, Thailand, Malaysia and the Philippines.
The study also provides baseline information on the amount of business opportunities and identifies sectors that are expected to benefit the most from undertaking energy efficiency projects. (Marvyn Benaning)
No comments:
Post a Comment