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Apart from Vietnam and Singapore, Tian Ying is also eager to explore Thailand lawyer visa in its globalisation push, a spokesperson says. «By entering into Vietnam’s waste-to-energy market, we want to benefit from the first mover advantage as a outcome of there are presently not many participants there,» he explains. According to an 2018 report by China Environment Chamber of Commerce, the average IRRs for domestic EfW projects have fallen from 12% to 5-8% due to intense competitors. Market sources say that by comparison contacts, IRRs in many Southeast Asian markets have kept at double digit. This is partly driven by intense competitors in China’s home EfW market which is pushing down project returns. The speedy urbanisation of Southeast Asian international locations is driving an rising need for energy from waste project

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