Later that month, OPIC announced a Global Resources Fund call for proposals, which received 56 applications. MRRF is one of give funds to get a part of 500 million that would be given by OPIC.
Indochina Capital wants to raise another 150 million dollars for the fund. Indochina Capital CEO Peter R Ryder had said waste-to-energy, recycling, solid waste management, sustainable forestry projects, wastewater treatment and clean-water initiatives.
"There is an attractive pipeline of commercially viable investment opportunities in companies engaged in renewable resources-related projects in the region," he was quoted as saying said.
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