projects – PressAP

ACN Newswire

Infocus International Relaunches the Highly Recommended Offshore Wind Online Training

February 6, 2023

Singapore, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new date for Offshore Wind training and it will be commencing live on the 7th of March 2023. A comprehensive online course to one of renewable energy's fastest-growing sectors.A business-focused training designed to provide business developers and investors with an accessible, concise, and comprehensive understanding of the processes and risks involved in creating these capital-intensive and lengthy projects.This course leads attendees through the processes, technologies and financial return and risk considerations for those involved in offshore wind project development. Explanations are provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean energy solutions, are introduced and placed into context.This online course provides the perfect learning opportunity for those who need a valuable, up-to-the-minute and independent introduction to the fast-growing offshore wind sectorPast attendee from SN Power commented, "Overall this was a very informative masterclass that gave participants an overview of the offshore wind development cycle. The additional material shared by the trainer during and after the session was a nice bonus."Course Sessions1. Developing offshore wind projects2. Constructing offshore wind projects3. Operating & innovating with offshore windAmong the key points to be addressed- Essential offshore wind farm development processes- How are offshore wind projects constructed?- Key delivery risks at various stages in a project?s life- Challenges to consider in operating an offshore wind farm- Key drivers of financing and financial risk & return in offshore wind projects- Essential policy, technology and market trends to consider in forward planning - Status of floating wind, and how it will impact the industry- Other disruptive technology and energy integration trends- Which markets and geographies offer the greatest growth potential?Want to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/offshore-wind .About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Mastering Wind Power Online Workshop is Back by Popular Demand

January 26, 2023

Singapore, Jan 26, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new dates for Mastering Wind Power training and it will be commencing live on the 20th of February 2023. Attendees will gain an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through technology trends, project development and planning challenges, to financial returns and risks.The course will include the illustration of key concepts using online tools, wind resource datasets, energy yield, financial and other simple calculations, along with discussion of key planning and market environment considerations.In keeping with the business-focused theme of the course, any illustrative materials are designed to provide time-efficient clarification of the key course takeaways, aimed at commercially-focused business developers and investors. They are therefore accessible to non-experts, not designed to replicate the complex or in-depth detailed planning undertaken - over much longer periods! - by experienced engineers and technical teams.A past participant from Statkraft Development AS shared, "This was one of my best spent weeks on training all year! A good and efficient way of getting an overview of the renewable energy sector. I found him very knowledgeable and enthusiastic in presenting the material, also enabling knowledge exchange between participants in the group. I really enjoyed his interesting lessons and the group work he provided for additional learning outcomes. Thanks.""Execellent course. It is very helpful to me to understand how to develop and construct the wind farm project," said another past participant from Mitr Phol Group.Course Sessions1. From wind flow to electricity: wind turbines and wind farms2. Understanding and measuring wind resources3. Successful delivery of wind power projects4. Taking wind power offshore5. Making money from wind power projectsAmong the key points to be addressed- Learn from global experiences in wind power project development- Understand unique properties of wind resource, and how these feed into financial risk analysis- Gain a business-focused, up-to-date perspective on current and emerging wind technology innovations and project delivery best practices- Analyse and discuss practical and project delivery risks facing wind power projects, including key stakeholder engagements- Get hands-on with a financial model to better understand financial risks and returns for wind power projects- Compare and contrast the unique extra costs and complexities of offshore wind projects with those onshoreWant to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/wind-online.About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

WIKA Achieves Rp865 Billion Operating Income

November 15, 2022

JAKARTA, Nov 15, 2022 - (ACN Newswire via SEAPRWire.com) - PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] successfully booked an operating income of Rp865.5 billion or 29.7% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 September 2022. This figure reflected WIKA's success in recording sales of Rp12.8 trillion or 9.8% higher YoY.WIKA's President Director, Agung Budi Waskito (Agung BW), said that the largest contributors to WIKA's sales performance were the infrastructure and building sector, industry sector, energy and industrial plant sector, and the realty and property sector."This achievement shows that the strategy implemented to strengthen the core business has proven successful to improve WIKA's profitability," said Agung BW.One of WIKA's achievements in strengthening its core business was proven by WIKA's ability to complete the G20 supporting projects, such as the revitalisation of the VVIP Terminal of Halim Perdanakusuma Airport in Jakarta and the VVIP Terminal of I Gusti Ngurah Rai International Airport in Bali. The quality of these projects has received a lot of praise from the ministers.The success in carrying out the two projects helped the Company to secure the contract for the development of Hang Nadim International Airport, Batam.Going forward, Agung BW believes that WIKA will be able to sustainably strengthen its core business by improving governance, risk management, marketing, and operations while being consistent in preserving the quality of the projects entrusted to the Company.As at October 2022, WIKA has secured new contracts worth Rp25.5 trillion, which include several projects for the new capital city (Ibu Kota Negara, "IKN"). WIKA has secured projects to construct the KKT Kariangau - Simpang Tempadung toll road segment. Under the WIKA Gedung Joint Operation (Kerjasama Operasional, "KSO"), the Company secured the project to construct modular buildings to house workers. In addition, WIKA together with PTPP KSO managed to secure contracts for the construction of the Presidential Palace and Presidential Office. In total, new contracts from IKN projects was worth Rp2.3 trillion."WIKA has experience in carrying out various projects in Kalimantan, such as water infrastructures, bridges, toll roads, buildings, and the supply chain supporting these projects. WIKA's capacity to work on these projects is without doubt," Agung BW explained.In addition to the IKN projects, WIKA has secured contracts for the Vertical Hospital in East Java, duplication of Kapuas Bridge in Central Kalimantan, and construction of the Juwana River Rubber Dam in Central Java.PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA]Contact:Mahendra VijayaSekretaris PerusahaanEmail: mahendra.v@wikamail.idWebsite: https://www.wika.co.id/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Find and Join New IDOs through Uplift, Verified by Blockpass

September 19, 2022

HONG KONG, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Compliance provider and expert Blockpass is proud to reveal its new partnership with Uplift, an IDO launchpad platform that facilitates and accelerates the launch of innovative blockchain projects. Besides providing KYC options for Uplift's platform, in this exciting new partnership Blockpass and Uplift will be conducting AMAs, giveaways and rewarding both LIFT tokens and facilitating IDO access to Blockpass users.Uplift is an award-winning investment platform that incubates, launches and accelerates blockchain-based projects, such as crypto, DeFi, Web3.0, GameFi, NFT and DEX projects. The Uplift launchpad is uniquely designed to be adaptive, fair and welcoming to the fast growing projects that it supports, and values community. Some of Uplift's focal points include making investment accessible, unique referral programmes, fully vetted projects, investors insurance, easy accessibility to all and a fair lottery system to allow everyone - not just whales - to be involved in IDOs. The platform currently boasts in excess of 8000 unique stakers, over US$1,200,000 raised capital and more than US$826,000 total locked value.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently with more than 500,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date over 3000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles."IDOs have already started proving their importance and we've seen just how crucial companies like Uplift are for supporting and accelerating good projects into the blockchain ecosystem," said Blockpass CEO Adam Vaziri. "We're particularly glad to see Uplift's commitment to safety and security of its users, not just with Blockpass' solutions but with its own investor insurance methods and fairness checks in place.""At Uplift, the protection of our community is of the utmost importance, which is why we are pleased to be partnering with Blockpass to offer our users their best-in-class KYC services," said Growth Lead, Irina Berezina.Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all. About BlockpassBlockpass is building trust in the Crypto Economy by providing....- A home for all your Crypto KYC needs - KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.- A decentralized network of over one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.- The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.In 2021, Blockpass was invited to enter the Cohort 7 of the UK Financial Conduct Authority Sandbox to offer a pilot our solutions for the UK market. Blockpass also introduced the On-chain KYCTM solution that enables customers to access zero-knowledge verification of users so they can access provably completed verifications and adhere to standards without seeing the underpinning data. In 2022, Animoca Brands and Yuga Labs utilized On-chain KYC when they verified over 150,000 users in the $320 million Otherside NFT sale - the largest to date in Crypto sector history.The Blockpass App is available from the App Store and Google Play. For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout Uplift DAOWho are Uplift?Invest in the future and earn in the present with Uplift. Uplift is an award-winning launchpad for IDOs. They incubate, launch & accelerate Crypto, Defi, Web3.0, GameFi, NFT, & DEX Projects.They believe that early investment opportunities should be accessible to all, which is why they offer a low barrier to entry, making it quick and easy for you to get into the early stages of best-in-class ventures!They assess the entire project, from the team of founders to the technology behind it, to ensure the company has a viable use case and is ultimately an excellent investment for their community of users. Why Buy and Stake LIFT?Only the best-in-class projects! Uplift has launched many successful projects, with NFT4Play raising $200,000 BUSD and YouMinter raising up to $450,675 BUSD. In addition, some of their projects have made gains of over 13x! When you stake $LIFT you get access to their upcoming IDOs and the chance to make huge profits! Unique Referral ProgramsOnce you've staked your $LIFT tokens, you can earn additional rewards for every person you introduce to Uplift, which means even more passive income!Earn in the PresentThe more $LIFT you stake and the longer you stake it, the higher the rewards!Low barrier to entry Most launchpads require a significant upfront investment before you can participate in IDOs, making a lot of launchpads exclusive clubs for rich "whales" that exclude the average retail investor. Uplift changes this and makes it easy for everyone to get involved, requiring a minimum stake of just $100 worth of $LIFT tokens.Fair Lottery SystemUplift operates a Fair Lottery system that ensures a "whale-resistant" approach to IDOs, allowing wallets of all sizes to access the sea of opportunities it provides. Opportunity to access private round investments Obtain the same benefits as venture capital firms! You can access exclusive investment rounds by staking 10,000 $LIFT tokens!Price Protection Promise Uplift offers a unique offer to protect investors - their Price Protection Promise! IDOs on Uplift come with a KPI-based refund guarantee if a project doesn't hit the agreed KPIs at the token generation event (TGE). This makes investing in IDOs with Uplift almost risk-free! Everyone has a say!Uplift operates as a decentralised autonomous organisation (DAO). So as a $LIFT token holder, you have voting rights and can also participate in decision-making about the future of Uplift! So with Uplift, your voice matters! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SeaPRwire

Magic Club NFT Announces the Launching of the Latest Landing Page

September 16, 2022

The Magic Club NFT project, which focuses on actual usage of their governance token, opens a website landing page. Seoul, Korea, September 16, 2022 – (SEAPRWire) – Magic Club, NFT project promoted by the Adam Gallery Foundation in Singapore, said they opened a landing page ( magicclub.io ) on September 15 ahead of the launch of three key projects: “Magic Club NFT Marketplace”, “Magic Club NFT” and “Magic Shoes(M2E)”. Despite the Crypto Winter, the outlook for the blockchain market is still optimistic. According to the Bloomberg report, one-third of NFTs are useless and the other one-third are sold at low cost, so more than half of them eventually fail. However, at the same time, projects like Moonbirds got $280 million in transactions in just two days, surpassing a total of $477 million, showing that projects with great utility are sure to succeed. In the end, when valuable NFTs are linked with tokens with many usages, the future of the project will be bright despite the crypto winter and the bear market. Adam Gallery’s main project, Magic Club, has a philosophy that “the usage of tokens is the core of the project.” Magic Club’s representative said, “It is a key proposition of the Magic Club team that we should be able to present practical benefits by connecting to the real economy,” adding, “We expect to realize our philosophy and get closer to customers through this landing page opening.” The main move that Magic Club will present is to attract projects with solid usage and revenue models such as Play to Earn (P2E) and Move to Earn (M2E). For this purpose, Magic Club has built a strong reward system with the ecosystem of ‘Magic Club NFT Marketplace’, ‘Magic Club Universal NFT Project’, and ‘Magic Shoes (M2E). First of all, “Magic Club NFT Marketplace” is an open exchange where anyone can freely and conveniently trade NFT projects, and users’ contributions to the ecosystem are measured as points and paid with MCT tokens every week. In the trading activity pool, both buyers and sellers can receive points proportional to the transaction amount based on the conclusion of the transaction, and in the social activity pool, they can receive points that can exchange tokens only with reference activities. The MCT token, which is the core of the reward system, is a general-purpose token that connects all projects of the Magic Club, which allows users to pay freely at the Magic Club NFT Marketplace. Since it can be connected to the partner company’s projects, the actual usage will be endless, and the connection with the Play to Earn (P2E) and Move to Earn (M2E) revenue models is also planned. Transparency and reliability through the progress of DAO resolutions using MCT by users in the ecosystem were not missed. In addition, MCT tokens will not be issued additionally after initial issuance, but will drive the value of tokens by adjusting the supply through a burning mechanism approved by the DAO. Magic Club NFT is a unique NFT of Magic Club and consists of four dokkaebi gods. It has the meaning of encompassing all ages. In addition, the character’s own work is highly praised as a work made with high-quality illustrations. The four characters are in line with the philosophy of the MAGIC CLUB project, which says that community users who fail to invest in cryptocurrency will be given wealth and honor through Magic Club NFT. Lastly, ‘Magic Shoes (M2E)’ is a project that combines global values that value environmental protection. Instead of using fumes-producing vehicles, you can purchase MAGIC SHOES NFTs and make money while protecting the environment through GPS-based activities. It can be applied not only to walking, running, but also to hiking and biking. Magic Club plans to update the service that can be checked in their own language from anywhere in the world based on the access IP soon, and plans to conduct NFT minting in October. Details will be posted on Discord. ( https://discord.gg/8BWsjJCTTX ) Social Links Facebook: https://www.facebook.com/Magic-Club-105759395603782 Twitter: https://twitter.com/magic_club_io Linkedin: https://www.linkedin.com/in/magicclub-io-01182a24a Instagram: https://www.instagram.com/magic_club_io/ Medium: https://medium.com/@Magic_Club Telegram: https://t.me/magicclub_io Discord: https://discord.gg/8BWsjJCTTX Media Contact Brand: ADAMGALLERY PTE. LTD. Contact: Johnny Lee, Marketing Team Assistant Manager E-Mail: info@magicclub.io Website: https://www.magicclub.io/ SOURCE: ADAMGALLERY PTE. LTD. The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

ACN Newswire

Maxim: Society Pass (Nasdaq: SOPA) Raise Estimates on Expected Contributions from M&A, Positive on the South East Asia E-commerce Market

August 23, 2022

SINGAPORE, Aug 23, 2022 - (ACN Newswire via SEAPRWire.com) - Maxim Group LLC ("Maxim") issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").Click Here (on Society Pass website) to view the full Maxim Equity Research Report. https://tinyurl.com/Maxim-SOPASummary Points:- SOPA is in the early stages of building an online South East Asian company. Luxury store, Leflair, was the primary revenue contributor for 2Q22. Other businesses are food and beverage online support, online delivery companies Handycart and Pushkart (bought during 1Q22), and Mangan.ph (2Q22), as well as Gorilla Networks, a telecom MVNO (early June '22). SOPA is also starting a loyalty points offering. Maxim believes there should be significant cross-selling opportunities and organic growth in the future. Specifically, Maxim believes Thoughtful Media can market the Company's other brands and the food delivery and luxury brand businesses can be expanded geographically. Maxim has a positive view on the SEA market given faster-than-expected growth rates, increasing mobile and ecommerce penetration, younger populations, travel opening back up, and the opportunity to consolidate smaller companies.- 2Q22 revenue of $445K increased significantly from $8K in the prior year quarter, but was below our estimate of $670K. Results were held back as most of its businesses were very early stage. Almost all the quarter's revenue came from the online ordering segment, which currently consists of the company's online luxury store, Leflair. The cost of online marketing limited the amount put to use. Hardware and Software segments are currently not being prioritized. 3Q22 adjusted EBITDA loss of ($4.4M) was wider than our estimate of ($3.3M) and a loss of ($0.1M) in the prior year quarter. The variance vs. our estimate is primarily due to 1-time costs related to capital raises, M&A, higher growth investments, and public company-related costs.- Healthy cash. SOPA ended June 2022 with $28M in cash and no debt. Cash included the $25M, net from November 2021 IPO and $10.7M, net from a February 2022 capital raise. Maxim projects current cash levels to be sufficient to fund organic growth over the next two years.- Maxim raises revenue projections and expect significant growth for the next two years. Maxim expects growth from spending on marketing, expansions, and launch of Loyalty Points in mid-2022 and factoring in contributions from all announced acquisitions.- Maxim projects revenue to increase from $0.5M in 2021, to $12.9M in 2022 (unchanged), and $54M in 2023 ($38.2M prior). The increase is due to the significant expected contribution from acquisitions and organic growth. Maxim projects 2022 adjusted EBITDA loss to widen to ($13.9M) (($12.7M prior), from a loss of ($4.9M) in 2021. The higher loss is due to one time costs related to acquisitions and higher public company expenses. For 2023, Maxim projects the adjusted EBITDA loss narrows to ($2.2M) from ($4.7M) prior.- Compelling valuation - Maxim believes SOPA is undervalued and trades at a discount to its peer group. SOPA trades at an EV/revenue multiple of 0.4x our 2023 revenues compared to a peer group EV/revenue multiple of 2.3x our 2023 revenues. Maxim's positive outlook is supported by the attractive SE Asian markets and opportunities to consolidate smaller companies. Management has announced plans to spin off Leflair Group and to have it listed on the Nasdaq by the end of 2022.About Society Pass IncAs a digitally-focused loyalty and data marketing ecosystem in Vietnam, Indonesia, Philippines, Singapore and Thailand and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and increases customer retention for merchants. Since its inception, SoPa has amassed over 3.3 million registered consumers and over 205,000 registered merchants/brands onto its platform. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.SoPa leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading Vietnam-based restaurant delivery service; Mangan, a leading local restaurant delivery service in Philippines; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and NusaTrip, a leading Jakarta-based online travel agency in Indonesia and across SEA. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

BayWa r.e. Expands and Strengthens Renewable Energy Business with Wind Projects Representative Office Opening in Lang Son Province in Vietnam

June 21, 2022

HO CHI MINH CITY, VIETNAM, Jun 21, 2022 - (ACN Newswire via SEAPRWire.com) - Global renewable energy developer, service provider and distributor, BayWa r.e., today announced the opening of its Wind Projects Representative office in Lang Son Province, Vietnam. The opening of the Wind Projects Representative office will strengthen BayWa r.e.'s position as a key renewable energy developer in Vietnam and enable the company to provide a wider range of wind energy services in the country.Mr. Brian Barry (Head of Wind Asia, BayWa r.e.), Mr. Nguyen Dinh Dai (Director of DOIT), Mr. Daniel Gaefke (APAC Director, BayWa r.e.), Mr. Daniel Emunds (German Embassy representative, Economic Affairs and Development Cooperation)Loi Dang Van (Wind Project Developer, BayWa r.e.), Mr. Brian Barry (Head of Wind Asia, BayWa r.e.), Mr. Daniel Gaefke (APAC Director, BayWa r.e.), Stephanie Tan (Project Manager, Wind Project Development, BayWa r.e.), Nam Le (Senior Wind Project Developer, BayWa r.e.)The opening ceremony of the office was officiated by local government officials, which included leaders of the province's People Committee, relevant departments of Industry and Commerce, Planning and Investment, Natural Resources & Environment, Agriculture and Rural Development, Transportations and local districts and German Embassy representative Mr. Daniel Emunds, Economic Affairs and Development Cooperation as well as local partners and contractors. The new representative office is expected to promote positive socio-economic developments and impact for the local community.Mr. Brian Barry, Head of Wind Asia, BayWa r.e. said "We are excited to see the exponential growth of BayWa r.e. in Vietnam and look forward to working closely with provincial and country stakeholders. We hope that through our investments into Vietnam and especially the Lang Son province at present, we will be able to bring more value to our stakeholders and communities living in the area. This is a step closer for us to work towards achieving Vietnam's strategy for sustainable and clean energy development and to facilitate the country's ambition of becoming net-zero by 2050."Mr. Pham Hung Truong, Chief of Office of the People's Committee of Lang Son shared: "We welcome BayWa r.e. opening its Representative Office in Lang Son. It is hoped that the Representative Office will be an effective bridge between the company and local government agencies, promoting the successful implementation of investment and construction of wind power projects of BayWa r.e. in Lang Son, contributing to the socio-economic development of the province. We acknowledge the valuable support of BayWa r.e. to the two primary schools of Khuoi Lay and Suoi Long recently; at the same time, we believe that in the coming time, your company will continue accompanying the local government to strengthen forms of support to local communities in the spirit of "Harmonious benefits, sharing risks!".BayWa r.e. first established its presence in Vietnam in 2020, with its head office located at Ho Chi Minh City. BayWa r.e. launched new services to its 'on-the-ground' operation in Vietnam, opening a solar distribution warehouse and new office facilities in Ho Chi Minh City to bring direct local access to solar PV, inverters, and much more renewable energy solutions. Since then, the company has been an active renewable energy partner in the Corporate & Industrial segment in Vietnam, developing Solar and Wind Projects, and providing Solar Distribution services.In addition, BayWa r.e.'s development team also has a 400MW pipeline of wind energy projects across sites in north Vietnam and is developing 150MW solar projects in the south of the country. In Lang Son province, BayWa r.e. is planning to develop 240MW of wind energy projects to leverage Vietnam's wind capacity.Added Mr. Barry, "Our office opening is a key milestone and the culmination of 2 years of development and investment in Lang Son. But this is just the beginning of our commitment and partnership with Lang Son as we prepare for the implementation of our wind projects. With our Lang Son office now established we will grow our Lang Son team to scale up our activities in preparation for our investment decision and the construction of the provinces first wind projects.""Having an office located where we are operational will enable more efficient work processes and allow direct access for stakeholders to communicate with BayWa r.e. This will also facilitate future development of wind projects in this province. Our on-site employees will also be able to effectively monitor current and future wind energy projects, which will ensure the longevity of the developments."BayWa r.e. recently announced the successful completion and handover of new sanitary facilities for Khuoi Lay Elementary School and Suoi Long Elementary School in Lang Son Province. This is part of BayWa r.e.'s long standing commitment to helping local communities, and also reaffirms the company's continued dedication to drive sustainable growth for the people of Lang Son province.BayWa r.e. AG (BayWa r.e.)At BayWa r.e. we r.e.think energy - how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.We are a leading global developer, service supplier, distributor and solutions provider and have brought over 4.5GW of energy online and manage over 10GW of assets. We are also an Independent Power Producer with an expanding energy trading business.BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.Our shareholders are BayWa AG, a EUR19.8 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment. Visit https://www.baywa-re.com/en/.Contact information:PRecious Communications for BayWa r.e. AGFoo En JingTel: +65 6303 0567E-mail: baywa-re@preciouscomms.com BayWa r.e. AGSalim PathanMarketing Manager, APACTel: +66 62 698 7162Email: salim.pathan@baywa-re.comMark CooperCorporate CommunicationsTel: +49 89 383932 3611E-mail: mark.cooper@baywa-re.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

The 5th Brasil Investment Forum Brought Together Global Business Leaders, Actively Promotes the High-quality Investment Opportunities in Brazil

June 20, 2022

SHANGHAI, Jun 20, 2022 - (ACN Newswire via SEAPRWire.com) - The 5th Brasil Investment Forum ("BIF 2022"), the largest foreign investment forum in Latin America jointly organized by Brazilian Trade and Investment Promotion Agency ("ApexBrasil"), Inter-American Development Bank and the Federal Government of Brazil, concluded successfully on 15 June 2022. During the forum, heavyweight speakers shared views on a range of topics, discussed the business environment and opportunities in Brazil, and promoted numbers of high-quality investments.BIF 2022 has achieved huge success with various record-breaking figures this year. The forum has attracted and presented 157 investment projects with an estimated investment value of USD66.4 billion, expecting to create 200,000 direct and indirect job opportunities in Brasil. The investment projects are mainly in transportation and infrastructure sectors, namely airports, railways, highways, ports, oil and gas, and energy. Among which, investors showed the strongest interest in railway market, 61 railway projects with a total investment value of US$31.81 billion were presented during the forum. The second most popular sector was road market. The contract value of the road projects reached USD 22.2 billion with the construction of 14,383 kilometers of roads. Moreover, 63 projects in airport sector worth UDS9.1 billion, 2 transmission auction projects in energy sector worth USD3.2 billion and 2 exploration projects in oil and gas sector worth USD246 million were presented during BIF 2022.Due to the Covid-19 pandemic, BIF 2022 adopted the online-offline hybrid format for the first time, however, the number of attendees this year exceeded 5,000, beating its historical records. 800 entrepreneurs and executives from 61 countries participated the forum at the World Trade Center of Sao Paulo, and over 4,000 potential investors from 100 countries participated online, totaling more than 5,000 attendees. The forum brought together over 350 representatives of the Brazilian federal and state governments as well as the CEOs of leading multinationals for 19 keynote speeches and discussions over the two consecutive days, covering a variety of hot topics including the latest business environment in Brazil, innovative business models, equity investment initiatives, and movements in global value chains. According to Augusto Pestana, president of ApexBrasil, the business environment in Brazil has been improving in an unprecedented magnitude, providing conditions for the entrepreneur to multiply his business, transforming the expansion into more goods and services, new products, and more jobs and income for millions of Brazilians. "Brazil is a country that modernizes itself and opens itself to the world with pragmatism and courage, a country that seeks the best standards and practices, as is well demonstrated by the beginning of our OECD entry process," said Pestana. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)