search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
LATEST INVESTMENTS


FINANCIALSERVICES HONGKONGOPERATIONS UK-based Standard Chartered is to expand its retail and wealth management operations in Hong Kong. The company plans to hire 400 new staff in 2021. It is also planning to invest $26m by 2024 to revamp its branches in the city.


FOOD&BEVERAGES GROWINGVEGETARIANDEMAND Nestlé Malaysia, a subsidiary of Switzerland-based Nestlé, is investing $36.3m to open a plant- based meal solutions manufacturing facility in Selangor, Malaysia. The factory will produce plant-based food under the company’s new ‘Harvest Gourmet’ brand. It has a production capacity of 8,000 tonnes of halal-certified plant-based food per year, and will cater to the rising local demand, as well as exports in the Asia-Pacific region.


PHARMACEUTICALS VACCINEPRODUCTIONCENTRE France-based Sanofi, is establishing a vaccine production site and regional centre of excellence in Singapore. The €400m ($472.72m) project will create 200 jobs and supply Asia with operations from the first quarter of 2026. Support is being provided by Singapore Economic Development Board.


PLASTICS INVESTINGINSOUTHKOREA Kumho Mitsui Chemicals, a chemicals subsidiary of Japan-based


Mitsui & Co has announced it will invest $358.1m to expand its chemical manufacturing facility in Yeosu, South Korea. The expansion is set to be complete in 2024 and will increase production capacity from 400,000 tonnes to 610,000 tonnes.


RENEWABLEENERGY NEWHYDROELECTRICPLANT France-based power company EDF, has announced plans to open a 200MWpumped-hydro plant in the Tashkent region, Uzbekistan. The Xodjakent PSPP project forms a part of a preliminary agreement with locally-based Uzbekhydroenergo that will see the companies also build floating solar plants.


TEXTILES H&MAUSTRALIA Sweden-based fashion retailerH&M has opened a new distribution centre in the Marsden Park area of Sydney, Australia. The new 27,335 sqmfacility is located at Marsden Park Logistics Estate.


TRANSPORTATION& WAREHOUSING LOGISTICSCENTREINVIETNAM Yusen Logistics, a logistics company and a subsidiary of Japan-based Nippon Yusen Kabushiki Kaisha, has opened a new 21,000 sqmlogistics centre in Di An, Vietnam. The centre has a 10,000 sqmwarehouse area, fully equipped with a range of features, along with security and management systems, and it will serve the domestic market.


This investment news and data has been provided by fDi Markets, a crossborder investment tracking service that is part of The Financial Times Ltd’s fDi Intelligence division (www.fdiintelligence.com)


STATS


ASIA-PACIFIC GREENFIELD FDI INTOHOTELS&TOURISM BETWEEN 2015AND2020 BY PROJECTNUMBER


100


20 40 60 80


0 Source: fDi Markets June/July 2021 www.fDiIntelligence.com


ASIA-PACIFIC GREENFIELD FDI INTOHOTELS&TOURISM BETWEEN2015AND2020 BY CAPEX


12 15


0 3 6 9


Source: fDi Markets


Asia A


Viewfrom


sia’sspaceindustry mayhavealong


heritage,butithasreally takenoff in recentyears. It startedonasmallscale


in 1970,whenChinaandJapan successfully launchedtheir first satellites.Thesewereusedtomap andconnect agriculturalandrural areasto telecomsinfrastructure— sincethen,Asianspaceprogrammes havebeenmostly drivenbynational securityandcommercial needs,such ascommunications,weather forecastingandmilitaryuse. China nowleads the region in


this area. Since 2010, China has conductedmore orbital launches per year than all other Asian countries combined, with 32 launches in 2019 alone. The July 2020 launch of a Mars probe carrying a rover marked a major milestone in China’s space programme.InMay2021, the country becamethe first globally to performan orbiting, landing and roving operation during its first mission to Mars. Japan and India are the other two


forerunners. In Japan, companies are winning contracts to explore the lunar surface aboard SpaceX rockets, while the Indian Space Research Organisation is pushing ahead with developing launch systems and building satellite constellations. Someprivate sector investors


have taken interest in Asian space start-ups, mostly through SeriesA funding. Since 2012, Chinese start- ups have attracted28%of global equity investment into the space economy, according to Space Capital. Singapore has attracted 5%, while Indian and Indonesian start-ups have each attracted 3%. Challenges remain, however.


Commercial viability, research and development, and dried-up funding during Covid-19 present hurdles. China-related companies will face added geopolitical tensions too. With someAsian space applications being developed for military use, the regionmaysee heightened tensions in the future, alongside its growing space industry.■


Lawrence Yeo is CEO of AsiaBIZ Strategy, a Singapore- based consultancy that provides Asia market research and investment/trade promotion services.


E-mail: lawrence@asiabizstrategy.com 63


Project number


CHINA INDIA JAPAN


AUSTRALIA VIETNAM


Capex ($bn) CHINA PHILIPPINES


INDONESIA VIETNAM


JAPAN


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88