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dam-l LS: US-Sponsored Corporate Energy Conference for South Asia
> >THE INDEPENDENT
> > Copyright 2000 WorldSources Online, Inc., A Joint Venture of FDCH, Inc.
> > and
> > World Times, Inc.
> >
> > Wednesday, January 5, 2000
> >
> > Regional energy conference to be held in Kathmandu in Mar, THE
> > INDEPENDENT
> >Emerging Markets Datafile
> >
> >A US government-sponsored regional conference on expanding trade
> >opportunities for companies involved in energy and energy projects will
> >be held in Kathmandu, Nepal, on March 6 to 8. The conference, Energy
> >South Asia, will provide US companies with details on planned projects
> >worth billions of dollars in the areas of oil and gas, coal mining,
> >power generation, hydroelectricity, refining, liquefied natural gas and
> >petrochemicals in one of the world's largest markets, says a press
> >release issued yesterday. Presented by the US Trade and Development
> >Agency (TDA)
> >and co-sponsored by the US Departments of Energy, Commerce and
> >State,
> >and the Agency for International Development, the conference will cover
> >opportunities in Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan
> >and Sri Lanka.
> >
> >Senior officials from the US and the seven countries will discuss
> >upcoming developments in the energy sector from a business perspective
> >and provide information on more than 30 large-scale, public and
> >private-sector projects currently on the drawing boards. Energy supply
> >has not kept pace with demand in South Asia, leaving an enormous
> >market with extensive opportunities for US exports and investments. The
> >conference will also highlight energy efficiency projects and the
> >prospects for increased cross-border energy cooperation including
> >pipelines and long-distance power transmission. A series of prescheduled
> >one-on-one meetings during the conference will also enable US
> >participants to meet privately with project sponsors, as well as
> >potential partner companies in the region. According to J. Joseph
> >Grandmaison, TDA's Director, "This is an unprecedented opportunity for
> >US companies to capture a larger share of he energy projects in South
> >Asia. "Each US participant will receive a comprehensive resource guide
> >and CD-ROM outlining the projects presented, including critical economic
> >information, export potential, time lines, equipment needs and key
> >contacts.
> >
> >The conference is open to US and South Asian companies and
> >government agencies involved in energy, as well as those in energy-related
> >engineering, construction and project development. Also expected to
> >participate are US ambassadors and commercial officers from the region,
> >and representatives from international lending institutions including
> >the World Bank, the International Finance Corporation, the Export-Import
> >Bank, the Overseas Private Investment Corporation and the Asian
> >Development Bank.
> >Supporting industry organizations include the Edison Electric Institute,
> >the US Energy Association, the Confederation of Indian Industry, and the
> >US-Bangladesh Business Council. The US Trade and Development
> >Agency helps form mutually beneficial partnerships between US private sector
> >companies and overseas sponsors. An agency of the US government,
> >TDA provides assistance in more than 60 nations around the world each year.
>