Today HK’s Civil Engineering and Development Department shares with Kowloon City District Council a proposal relating to the much delayed light rail line to run the length of the old runway at Kai Tak. In terms of the timing, the proposal is still at only a preliminary stage so the timeframe for building the system […]
Progress at Manila airport but questions remain
The latest news on Manila airport is that the San Miguel – led consortium, SMC – SAP, has won the bid to redevelop Ninoy Aquino International Airport on a PPP basis. Other members of the consortium are the less well – known RMM Asian Logistics and RLW Aviation Development with airport expertise coming from Incheon. […]
What next for COP 28? The inconvenient truth is that it is tax payers who would pay most
Back in 2016, Jamie Dimon dismissed the annual Davos meets as billionaires telling millionaires about how the middle class should work harder to help the poorest class (at least that’s what X / Twitter tells me so it must be true). It was easy to be similarly sceptical about global efforts on climate change when […]
Ten years of Belt & Road: a new focus but both sides still need HK’s expert advice
Congrats to the HK Trade Development Council on hosting this year’s Belt & Road summit ahead of next month’s Forum in Beijing. It is ten years to the month since President Xi Jinping launched what was to become the Belt and Road Initiative in a speech in Kazakhstan (which promptly appointed itself the “buckle” in […]
Singapore Convention Week: expert opinions are needed to inform mediations too
Congrats to the Ministry of Law, UNCITRAL Academy, Singapore International Arbitration Centre, Singapore International Mediation Centre, Singapore International Mediation Institute, Singapore International Commercial Court, the Centre for International Law at the National University of Singapore, Singapore International Dispute Resolution Academy, Maxwell Chambers, Chartered Institute of Arbitrators Singapore branch, Financial Industry Disputes Resolution Centre plus the International Chamber […]
Namaste! The G20 meet in India (or Bharat) needs to help Energy Transition Mechanisms
As the G20 meet this coming weekend at the Bharat Mandapam International Exhibition Convention Centre (IECC) in New Delhi, leaders will be reviewing progress on the Just Energy Transition Partnerships (JETPs) signed with South Africa and Indonesia last year and with Vietnam this year whereby the developed World would finance those countries to build more […]
It’s all about how privatised utilities are regulated – the UK can learn from Hong Kong
The UK water industry, notably Severn – Trent, is the latest example of unacceptable delivery standards – in the case of water, its overflowing storm drains and polluted beaches – alongside fat shareholder returns and high senior management pay arising out of having privatised much of its infrastructure some time ago. Ongoing high Non Revenue […]
Financing energy transition in Asia: how is it going? Podcast with ACFP
Andrew sat down recently with Joseph Jacobelli at the Asia Climate Finance podcast to discuss progress on financing energy transition – how to replace coal fired power generation with renewables – in Asia. The potential deal flow is enormous. But in order to make it happen and save the World, major hurdles need to be […]
View from the delta
As well as meetings with fund managers in HCM, I’m just back from the Mekong delta, access to which is being transformed by new infrastructure. Existing bridges across various distributaries at Cao Lanh, My Thuan and Rach Mieu will shortly be joined by second, equally big, ones currently under construction alongside My Thuan and Rach […]
Kai Tak transit – adopt ideas which have been working on HK island for 100+ years
Last week, HK Chief Executive John Lee visited BYD Auto in Shenzhen which may have a solution to the long neglected problem of moving residents (who are now moving in) up and down Hong Kong’s old runway at Kai Tak. Until 2020, they were expecting a monorail. They currently have only a puny bus and […]
Andrew in the SCMP – how to make Hong Kong’s streets more pedestrian – friendly
Andrew writes in today’s South China Morning Post: Gary Lai writes today (12 April) that HK can learn from New York City when it comes to making HK more pedestrian friendly; and in using Public Private Partnerships (PPPs) to do so. I advise on infrastructure finance including PPPs and I disagree on both counts. First, […]
HS2: how to rescue the largest infrastructure project in Europe
A few weeks ago, whilst the UK was preoccupied with what Gary Lineker should or should not be allowed to say – ten out of seventeen minutes of the BBC news bulletin on 12 March were devoted to it – elsewhere the somewhat more expensive PR, and perhaps actual, disaster that is the UK’s HS2 […]
The perennial problem of Hong Kong housing – here’s how to broaden the debate
This paper from EY re HK housing Mar 23 is welcome and should, as intended, start – or, better, expand – a broader debate on how HK’s Northern Metropolis in particular can address the longstanding housing shortages in Hong Kong. To which I would add: The NM will in due course provide perhaps 186,000 housing […]
Belt & Road: if this is debt trap diplomacy, it’s an expensive way of going about it
This year marks the tenth anniversary of the Belt & Road Initiative yet only yesterday has an outsider analysis of its cost to China been assembled. BRI has long been opaque; big, albeit that, not being centrally coordinated or even defined, no one agrees on how big (the American Enterprise Institute reckons a comparatively modest $838 […]
Solar power in Indonesia: the sums still need to add up
At the G20 meeting in Bali in November, Indonesia undertook to i) cap annual CO2 emissions from the power sector at 290 megatons by 2030 (seven years earlier than previously) ii) be producing 34% of that power from renewables by the same year iii) have the whole power sector hit net zero by 2050. In return, the […]
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