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Article: United States : Marubeni keen on more BOT energy contracts geothermal expansion.

Article from:
TendersInfo
Article date:
October 31, 2009
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Byline: prashant03

One of Japan s oldest diversified conglomerates said it is interested in more build-operate-transfer (BOT) projects in the Philippine energy sector. We re always looking at opportunities under the BOT, Chihiro Shikama, Marubeni Pte. Ltd. managing director and regional chief executive officer for Association of Southeast Asian Nations (Asean), told The Manila Times.

The Philippines BOT law allows the private sector to put up and operate an infrastructure project and eventually turn it over to the government after recovering investments.

BOT projects usually enjoy government guarantee and tap project financing, a method of ...

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