Singapore: Asia Weighs Nuclear Power Option

Mysinchew.com, 22 Dec 2008

SINGAPORE: Concerns about climate change are prompting more Asian nations to explore nuclear power--a trend that could have direct implications for Singapore and benefits for some companies here.

Invensys Process Systems, a London-based firm that has operated in Singapore for 30 years, believes it can tap into the region's nuclear future.

The potential is huge: The number of reactors in Asia is set to grow from about 100 now to almost 40% of the world's total by 2030, according to the World Nuclear Association.

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