All Countries and All Sectors

The mining industry in the Philippines seems set for a boom, with earnings advancing and large-scale projects scheduled to come on-line over the next few years. However, lingering concerns over the global economy could dent demand and slow the flow of investment, as could uncertainty over regulations governing the industry.

The downstream energy sector in Brunei Darussalam is set to get the biggest makeover in its history, with a Chinese consortium planning to invest up to $6bn to develop an oil refinery and associated chemicals plant at the Pulau Muara Besar (PMB) industrial site.

With the recent addition of a new 1400-MW power plant, Kuwait appears ready to meet the increase in electricity demand that occurs every summer. Government authorities are also planning to bring additional capacity on-line over the next few years, with the private sector expected to play a major role in this expansion.

Significant progress has been made on the goals set out for Jordan’s information and communications technology (ICT) sector to reach by the end of 2011, with internet penetration rates, foreign direct investment (FDI) and revenues all increasing, even as government spending declines. Expanded plans for the sector for the 2010-16 period should be finalised by the end of this year.

The Central Bank of Nigeria (CBN) has introduced a new initiative that could boost private sector lending to the agriculture industry. The Nigerian Incentive-based Risk-sharing System for Agricultural Lending (NIRSAL) was formally unveiled at a conference in Abuja on July 5-6. The purpose of the CBN-organised event was for stakeholders to gather to discuss the new initiative.

Pese a sus reconocidas e importantes contribuciones a la economía peruana, la estrategia futura del sector minero genera cierta inquietud en vista de las protestas contra la minería que se dieron en el sur del país. Bajo la presión de las protestas, el gobierno de transición del saliente mandatario Alan García revocó la licencia de la Mina Santa Ana, operada por Bear Creek Mining Corporation.