July 2013—BROADSIGHT by

1 Broadgate Financial

BROADSIGHT by

November 2013—Issue 7

November 2013—BROADSIGHT by

Foreword

Dear Readers,

I am pleased to present the 7th edition of Broadsight, our corporate monthly magazine. We consistently try and improve

the content we publish which we hope readers find both interesting and informative.

Ever since inception, many things around us have changed to meet people’s rapidly changing needs. When

industrialization and subsequent human development occurred, our natural resources have suffered and have

continued to deplete at an alarming rate. Sustainable development means the ability to meet today’s needs without

compromising the ability for future generations to obtain theirs. The Broadgate Financial Group and its divisons have

made many efforts to understand and stay committed to the concept of sustainability and the challenges surrounding

this.

Therefore, we have focused on the development of environmental friendly products. Our three core divisions are all

focused on sustainability. Firstly, Broadgate Construction has just launched LiteCast, a lightweight precast concrete

panel incorporating the Easy Panel™ technology at it’s core. Please turn to the mid section of this magazine for more

information on LiteCast and the projects currently underway. Secondly, Broadgate Energy looks at projects related to

renewable energy which provides an excellent alternative to standard energy. Thirdly, Broadgate Plantations and its

partners have extensive expertise in sustainable plantation development and funding. Our core values define the

projects we undertake.

Finally, in order to enhance your readership experience we kindly request you to fill in this short feedback questionnaire

on Broadsight, which will only take a few minutes to complete.

Jenjira Praneet

Head of Administration

November 2013—BROADSIGHT by

News Feed

Industry News Energy

Industry News Plantations

Industry News Construction

Project News Q&A

ISR Precast Concrete Contact Information

All of us at Broadgate Financial are pleased to

present you the seventh issue of our Corporate

Magazine: BROADSIGHT. We wanted to make it clear, comfortable to

read and enjoyable. That’s why in each of the

future issues you will find the same guidelines

with:

The hottest news from the previous

month along with upcoming important

issues relating to the business world in

ASEAN and beyond ;

Industry news related to our services in

Plantations, Construction and Energy ;

A project update relating to one of our

divisions ;

An insightful Q&A with an industry

leading expert ;

And finally a presentation of an

Individual Social Responsibility project;

We do hope you will enjoy this magazine as

much as we did compiling it. If you have any

questions or requests, please feel free to

contactus at

clientservices@broadgatefinancial.com.

In this issue of BROADSIGHT,

November 2013—BROADSIGHT by

News Feed

News Feed

News Feed

Market News Cambodia again near bottom in survey of business start-ups

Higher fees and new registration requirements have made starting a business in Cambodia more difficult over the past year, according to a report released by the World Bank yesterday. Cambodia ranked 137th out of the 189 countries surveyed in the report, titled Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises. Cambodia slid two positions from 135th last year. In the annual report that investigates rules and regulations that enhance and constrain business activity, the US-based World Bank outlined a number of new bureaucratic hurdles that caused Cambodia’s rank to dip. Despite the rising fees, the report

showed that in terms of “getting

credit”, Cambodia ranked 52nd out

of all 189 countries, a 10-place

jump.

http://www.phnompenhpost.com

China's service sector growth hits one-year high China's service sector grew at its fastest pace in a year in October, the latest sign of a recovery in the world's second-largest economy. The non-manufacturing Purchasing Managers' Index (PMI) rose to 56.3 in October from 55.4 in September. The report comes just days after data showed that China's manufacturing PMI rose to an 18-month high October. The PMI is a key gauge of the sector's health and a reading above 50 indicates expansion. "The non-manufacturing sector should continue to develop" said Cai Jin, vice-president of the China Federation of Logistics and Purchasing. After years of rocketing growth, China

saw its pace of growth slow in the first

two quarters of this year. There have

been concerns that its growth may dip

further. not least because of a

slowdown in demand for its exports

from key markets. However, data

released over the past few weeks has

helped allay those fears.

http://www.bbc.co.uk/

Thai Amnesty Effect Thailand's baht was set for its worst week in a month and bonds fell as foreigners cut holdings of the nation’s assets amid concern a bill granting amnesty for political offenses will lead to instability. The lower house passed the amnesty bill in its third reading in a parliamentary session that closed at 4:25 a.m., House Speaker Somsak Kiatsuranont told reporters today. About 20,000 people joined a protest in Bangkok last night against the law. “The political risk in Thailand, which has been a lingering issue, is beginning to get attention again with the amnesty bill issue,” said Tohru Nishihama. The law would give amnesty to people and groups affected by organizations set up after the military coup in 2006 and those who took part in political demonstrations. The opposition party claims it would annul legal cases against former Prime Minister Thaksin Shinawatra, brother of the current premier Yingluck Shinawatra. The bill will be debated in the Senate.

http://www.bloomberg.com

Newton was right about thai economy The law of gravity dictates that what goes up must come down. This is also true for an economy: When it has been expanding quickly, growth is bound to fall unless it is further supported by some gravity-defying force. Thailand's gross domestic product (GDP) advanced 2.8% in the second quarter compared with the same quarter last year, slowing further from the 5.4% rate in the previous quarter. The closing figure for the final quarter last year was a much more impressive 19.1% rate, albeit from the flood-soaked base of late 2011. All in all, the latest official release suggests, as the Bank of Thailand put it, that "normalisation" of the economy to its potential level is taking place following a period of extraordinary growth. On a quarterly basis, however, GDP has declined for two consecutive quarters. Therefore, we have entered a technical recession. This prompted many research houses to cut their growth projections for 2013, from around 5% or higher to below 4%.

http://www.bangkokpost.com

News feed

November 2013—BROADSIGHT by

With the recent economic downturn, financial

institutions have felt the need to reduce the overall risk

of their investment portfolios. One way to achieve this

goal is to enhance their selection criteria. Regarding

plantation financing, this criteria should focus on

highlighting projects that are able to produce steady

and long-term cash flows. It seems obvious that these

projects should avoid any negative environmental or

social impacts.

According to Knight (2010), plantations that adopt

sustainable practises are less exposed to a certain

number of risks. First, the compliance risk of violating

local regulations is lower. Then, the social risk of

entering in to conflict with local communities, NGO’s

and labourers is low. Moreover, the marketing risk of

loosing customers is lower as the demand for

sustainable products rises.

Finally, the reputation risk of damaging its brand image

is lower. Reducing these risks strengthen the position

of companies that financial institutions invest in. By

doing so the institution itself is exposed to fewer risks.

In addition, the burning of forests to clear land for

plantations has been a major source of haze in

Southeast Asia posing serious health problems.

Finally, indiscriminate use of fertilizersand insecticides

by some producers is polluting surface and

groundwater sources. The following graph illustrates

what cash flows could be expected from a sustainable

plantation in comparision with non-sustainable ones,

taking into account their risk profile.

In contrast with these bad practises, plantations run by

responsible growers need fewer inputs, which results

in less pollution and soil degradation. If best practices

are applied in selecting and acquiring land for new

plantations, plantations can operate without further

destruction of natural forests and associated

greenhouse gas emissions. It pays more attention to

the rights and livelihoods of forest dependent

populations and species. Sustainable production can

help to meet the world’s growing demand and

generate income and employment for local rural

economies in tropical regions.

Jason Campbell and Bénédicte Ciotti

Why Promote Sustainable

Plantations? Industry News

Plantations

Founded In the plantation industry, downstream companies - traders, food companies

and financial institutions – often have significant bargaining power that gives them an

influence over the whole supply chain. These downstream companies can therefore set

conditions on the environmental and social practices of plantation businesses.

Even if inducing higher operating costs, numerous

plantations have shown that sustainable production

methods are feasible, available and compatible with a

profitable bottom line. However, bad practices

adopted by some producers have caused serious

impact.From a social standpoint, the rights and

interests of local communities are ignored. Such poor

practices have generated disputes and land rights

conflicts that have hampered the ability of the

companies to expand as planned.

From an ecological point of view, plantation developers

have cleared large areas of natural forests and other

ecosystems with high conservation values to create

space for plantations. .Such practices result in the

destruction of habitats containing rare and endangered

species. In addition, forest conversion by plantation

companies contributes to climate change with

deforestation causing around 20 % of all human

induced greenhouse gas emissions. This practise in

tropical areas is especiallydamaging to climate

mitigation efforts, as these green areas store more

carbon per unitarea than any other ecosystem in the

world.

November 2013—BROADSIGHT by

Socially Responsible Investment is gaining recognition as a solution to manage

investment risk. Financial institutions are able to operate this practice by adopting

sustainable policies that exclude the possibility of investing directly (e.g. credit lines

and loans) or indirectly (e.g. commodity training) in unsustainable projects. These

policies should cover the area of labour rights, environmental impact, and human

rights.

Broadgate Plantations aim to adhere to RSPO and industry standards for sustainable

developments. We strongly believe that any type of investor has the power of

influencing the behaviour of investee companies. These parties should commit to

invest only in sustainable projects. Such practises would benefit not only the investors

but all related parties. In conclusion, investors should be aware that they have the

opportunity to promote and lead the plantation industry to a more sustainable future.

Guillaume Wissocq

$-

$500.00

$1,000.00

$1,500.00

$2,000.00

1Y 2Y 3Y 4Y 5Y 6Y

Green Vs. others plantation financial projection: illustration

Green project -Forecasted revenues ($)

Others - Forecasted revenues ($)

Green project -Forecasted costs ($)

Others - Forecasted costs ($)

Green project - Expected profit ($)

Industry News

Plantations

November 2013—BROADSIGHT by

Saving Phnom Penh

Cambodia wants to develop, and it wants to do so quickly. A quick walk in the streets of

Phnom Penh and this fact becomes obvious. Looking north, the skyline is dominated by two

formidable buildings: the 32 story OCIC Tower, opened in 2010, and the nearly complete 39

story Vattanac Capital Tower. These two modern buildings represent the direction towards

which Cambodia is heading: modernity, economic prosperity, and a high quality of life.

อ

Industry News

Construction

But as you shift your eyes away from the northern

horizon and focus on your immediate surroundings, the

present challenges to Cambodia's bright future are

unfortunately too apparent. Traffic on the six lane

boulevard that is a main artery of the city is desperately

crippled by poor road conditions, lack of organized

parking and sporadic road repair closures. The buildings

that hug both sides of the avenue bear obvious marks

of decrepitude and overcrowding.

And behind the scenes it doesn't get any rosier. The

value of land in desirable parts of the city is remarkably

high, with prices per square meter that are comparable

to some of the more desirable parts of Bangkok. Adding

to the problem is the fact that land in the city was

divided into oddly shaped plots, making it difficult for

big development projects. Add lack of public

transportation, risk of flooding and high levels of air

pollution and you quickly begin to feel just how many

roadblocks stand between the present situation and

the vision of a developed, modern Cambodia.

With such an extensive list of challenges, it's no wonder

that some Cambodians are thinking about alternatives

to Phnom Penh. One particularly ambitious alternative

was proposed earlier this year by Phoeung Sophoan, a

secretary of state at the Ministry of Land Management,

Urban Planning and Construction.

According to Mr. Sophoan's plan, Cambodia will build a

new capital city directly north of Phnom Penh called

“SamdechTecho Hun Sen Dragon City.” To insure that

this city will perfectly mirror the face of modern

Cambodia, this 80 billion USD city is planned to be built

in the shape of the head of a dragon.

While this idea is not entirely fantastical (look at

Myanmar and Malaysia for precedence), this specific

plan seems to be over ambitious—with funding of the

mega-city being the main issue. Stephen Higgins, the

former CEO of Cambodian's ANZ Royal Bank

commented that “to get $80 billion when the country’s

GDP is $12-13 billion…the idea is laughable.”

But that may not necessarily have to be the case;

developers are finding ways to deal with the city's

various challenges. By developing large complexes

within the city and by constructing modern satellite

cities, developers are hoping to modernize the city and

thus maintain its status as Cambodia's centre of

gravity.

One such development is the $250m Olympia City

zone, set to finish its first stage of construction in 2016.

With 13 large buildings planned in total, the zone will

introduce much needed modern residential and

commercial units, as well as a world-class shopping

mall and a 500 room hotel. In an attempt to avoid one

of the main issues that currently plague the city, the

development is also planned to include parking

capacity for nearly 3000 cars.

Also, development projects like Olympia City are

continuing to pop up around the city. Earlier this year,

South Korean conglomerate Booyoung Group broke

November 2013—BROADSIGHT by

ground on Booyoung Town, a $1.2bn project set to transform another 2.7 square

kilometer section of Phnom Penh.

These grand projects, along with a number of more modest developments

around the city, are all attempting to, despite the challenges, transform the city

into the modern vision that many Cambodians have for their capital.

But these city complexes have one obvious flaw; while they do contain much of

what its residents will require for daily living, their location in the heart of Phnom

Penh means that traffic congestion, air pollution, and other endemic problems of

the city will also plague these new developments. And that is exactly the reason

for the surge in plans to build satellite cities – smaller metropolitan areas that are

close to, but largely independent from, a large metropolitan area – around the

edges of Phonm Penh.

With the hope that relieving the congestion and crowding problems, the

Cambodian government has authorized plans for six satellite cities in the next 20

years. Of the six approved plans, only two have made significant progress: South

Korean funded Camko City north of the city and Cambodia's OCIC funded

Diamond Island City to the east. While these developments certainly face a new

set of challenges, they appear to slowly catch traction.

Due to its good infrastructure connection to the city, as well as the

entertainment facilities planned, Diamond City has been recently reviewed by

global real estate firm CBRE as “extremely successful.” And with each satellite

city project learning from successes and shortcomings of its fellow developments,

Phnom Penh's future outskirts may ultimately prove to be the solution that the

city needs moving forward.

Whether or not all of these new developments will ultimately be able to save Phnom

Penh is presently only a matter of speculation; many other variables, such as political

factors and international influences will ultimately guide Cambodia to its version of a

modern capital. But traveling around Phnom Penh and seeing these developments take

shape one cannot help but speculate that perhaps Phnom Penh should be the face of

modern Cambodia, and not an overpriced metropolitan dragon.

With the rapid rate at which Cambodia is developing, now is a critical time for

Cambodia to shape its future. With the vision of more sustainable projects in

Cambodia, Broadgate Construction has teamed up with Cambodian conglomerate 7NG

and regional investment bank CLMV to construct a factory of its innovative LiteCast

panel in a new industrial park on the outskirts of Phnom Penh. Thus, Cambodia's future

can be not just modern, but also clean and environmentally sustainable.

Ophir Moser

Industry News

Construction

Industry News

Construction

November 2013—BROADSIGHT by

Industry News

Energy

Industry News

Energy

How To Go Green With Your Car

The aim of these generators is to convert stored

energy from fossil fuels or renewable resources to

electric current, which is then disseminated through a

distribution grid where it can eventually, among many

other things, charge your mobile phone.

The second, slightly less obvious major energy

conversion system takes place in our light vehicles:

petrochemical energy is converted into rotational

motion, enabling the vehicles to travel. According to a

1995 study, there are 176 million light vehicles in the

United States. Kempton and Tomic point out that with

a shaft power capacity averaging 111 kWm per

vehicle, a vehicle fleet of 176 million produces a

combined power of 19,500 Gwm.

This calculation implies that the power capacity of the

vehicle fleet in the United States is 24 times that of

the entire electric utility generation system. This fact

is quite compelling and highlights to the reader the

enormous potential of Electric Drive Vehicules (EDV’s).

While the idea of vehicles supplying electricity to the

grid is not new, it is only in recent times that it has

gained enough momentum to appear more of a reality

than just a sci-fi element. Amory Lovins, an American

physicist first proposed the V2G concept in 1995, but

it was the 2005 study by Willett Kempton and Jasna

Tomićat the University of Delaware, coupled with the

advancements in technology that enabled V2G not

just to be vision but a reality.

In order to highlight the tremendous potential of

Electric Drive Vehicles, Kempton and Tomic sought to

quantify the enormous power that the United States

vehicle market produces. To do so the authors first

contrasted the two main energy conversion systems:

the electric utility system, and the light vehicle fleet.

In 2002, the United States Energy Information

Administration stated that there are over 9,351

electric utility generators in the United States, with a

total power of 602 GW.

In attempting to project the future of energy

production, Kempton and Tomic's study highlights

three forms of energy market convergence that will

take place in the first half of the 21st century:

The vehicle fleet will provide quick reliable storage for

the electric grid.

•Electricity will replace traditional liquid fuel as a

means to power vehicles.

• Technology and information system advances will

allow for improved optimization of two way transfers

between the vehicle and grid.

These trends, with one leading to the next, make a

clear conclusion that V2G is not only efficient and

important, but is actually essential to the

development of an optimized electrical generation

system.

One important factor that must be included in the

discussion comparing the two electrical generation

system is the cost.

Imagine a world where cars give you back money. By driving your car you can actually earn

money. This is not a dream but in the near future will become a reality. By embracing the

way of Vehicle-to-Grid, car owners will be able to plug their vehicles into the power grid and

receive payment for supplying electricity back to the system.

November 2013—BROADSIGHT by

Industry News

Energy

While the capital costs in having vehicle electricity is a great deal lower than building

power plants, it can also be seen that the average per kWh cost of vehicle electricity

is considerably higher. So even though the economics argument goes partially

against EDVs , the main insight is that vehicle electricity is competitive in specific

electricity markets, in particular the spinning reserve and regulation market.

What is the takeaway from all this data? Doing all of these comparisons points out

that the most important role for V2G may ultimately be in the merging of power

markets to support renewable energy. Currently, the main two types of renewable

sources are photovoltaic and wind turbines. As various studies on renewable energy

production point out, additional resources are very much needed to match the

fluctuating supply to the already fluctuating load, of renewable energy. This basically

means that due to the unpredictable nature of the amount of solar radiation and

wind that is available at any given moment, these two energy production methods

cannot be fully relied upon to supply the constant need for energy.

The solution for this issue lies in two similar reservation methods: backup or storage.

And this is exactly where V2G can play a huge role in complementing renewable

energy; with V2G. Backup can be provided by fuel cell vehicles, while storage of

renewable energy seems the most likely and feasible solution for battery run EDVs.

So this means that, in essence, our electric vehicles will serve as an important

resource for energy. When EDV is plugged into the grid, the system will be able to

utilize the vehicle's power when the sun, wind, or other renewable resource is at a

point of low production and feed the EDV when the production is high. Thus, the

power that is stored in the vehicles' batteries or fuel cells will insure that any

fluctuations in the production of energy from renewable resources will be mitigated.

The final concluding remark highlights to the reader that society has a choice: keep

the electric system and vehicle fleet separate, or connect the vehicle and electric

power system. The former option will continue to present substantial economic

roadblocks to renewable energy due to the dedicated storage needed to be built to

match the intermittent energy source. The latter will lead to lower costs and a

greater use of renewable resources by using the vast amounts of unused storage of

electric vehicles. And that is why V2G should be a no-brainer.

Broadgate Energy is exploring the various ways in which renewable energy

technologies can be introduced into the ASEAN community. While the region is

perhaps not yet ready for V2G, we hope that by introducing more renewable energy

production such as solar, biomass, and wind, we can help lead the region towards

such possibilities.

Ted FitzPatrick

November 2013—BROADSIGHT by

November 2013—BROADSIGHT by

Broadgate Construction, part of the Broadgate

Financial Group is the global marketing partner for

Easy Panel Construction (EPC). It is a privately

owned Thailand based company established to

develop, manufacture, market and license energy

efficient, low-cost and environmentally friendly

residential and industrial construction materials for

the 21st century. In 2013, Broadgate Construction

revealed its new solution for modern construction,

LiteCast, a green construction material gathering

the benefits of precast concrete panels and 3D

sandwich panel technology. The company is now

responsible for its global distribution and business

development.

LiteCast is a lightweight precast concrete panel

incorporating the Easy Panel™ technology at the

core. This technology consists in polystyrene foam

enclosed

by two high tensile steel wire meshes. Including it

into LiteCast panels make them lightweight, as their

manufacturing process requires less concrete than

traditional solutions. The polystyrene foam provides

them also with outstanding thermal and acoustic

insulating performances. Two high quality precast

concrete panels enclose this core to form the final

product, giving it strength and a high durability.

An innovative and unique building material, LiteCast

is a hybrid between Easy Panel™ sandwich panels

and precast concrete panels. This building material,

acknowledged by major building developers,

presents the same advantages as precast concrete

panels, being quick and easy to install, but only

weighing 50% of solid precast concrete. Even so, it

has to be used with the same constructs methods

as any standard precast panel. Moreover, this

material was developed to be more environmental

friendly than its substitutes. It is thus a high quality,

lightweight alternative to standard precast concrete

panels. LiteCast samples have passed industry tests,

which concluded that the product reached all

British construction standards. Finally its

manufacturing process conforms to IS0-9001

criteria.

We will publish our report on the opportunities

offered by LiteCast. This report will be issued in its

entirety on Monday 2nd December and aims to

highlight the advantages, disadvantages, and

potential challenges of using the LiteCast

technology. Whilst also discussing its technical

characteristics. Finally it attempts to clarify in what

conditions LiteCast panels should be used and to

who their use would be the most suitable.

Product

Report

Please email info@broadgateconstruction.net to obtain your free copy of LiteCast - The Genesis Report on Monday 2nd December 2013.

LiteCast – The Genesis Report

On Monday 2nd December, Broadgate Construction will publish a report on the

opportunities offered by LiteCast, its new innovative construction material. The report

will provide information regarding its technical specificities and the advantages in using

it. The following article is a summary of the content covered by the report.

November 2013—BROADSIGHT by

Project News

Broadgate Construction is currently working on its first LiteCast project. This 10,000 SQM project is the

result of a partnership signed with CPN; the most accomplished retail developer in Thailand with 21

extremely successful shopping centres. Khun Poovani Kampong CPN’s Assistant Project Manager

elaborated further “We are proud to be working with Broadgate Construction and their innovative

LiteCast technology. This enhances our vision to develop eco friendly developments across SE Asia".

Broadgate Construction is providing CPN with our innovative LiteCast panel for the

construction of its new mall, CentralPlaza Salaya, located on the 10 lane-road of

Baromrachachonanee, Salaya District of Nakorn Pathom Province. CentralPlaza Salaya is

CPN’s first theme-mall whose design is conceptualized under “Contemporary Botanical”.

The project is valued at 3.7bn THB and expected to be complete by Q3 2014.

Broadgate Construction believes LiteCast to be the future of construction within ASEAN.

Developers now have an option of a premium, light weight product that provides superior

thermal and insulation properties at affordable prices.

A giant leap towards Eco friendly developments has began with our LiteCast panels

and by joining hands with CPN we have been able to create a flawless product that

will gain the attention of major developers around the region.

Thailand’s 1st Botanical Shopping Mall

‘Minerva Project’ by

November 2013—BROADSIGHT by

Q&A

World energy consumption has risen 45% since 1980 and it is projected to be 70% higher by 2030!

At the heart of a strategy is a simple and powerful idea: using natural resources much more

productively - efficiently - is both profitable and better for the environment. We can all adapt to

the new energy world! Schneider Electric has made this commitment and we can help you.

Nelson Yeap is the President for Schneider Electric Thailand.

Do you see much desire for improvement in Thailand in

terms of increased efficiency and new technology?

Among individuals, politicians or business leaders?

There has been a lot of improvements in Thailand in the

past few years in the area of increased efficiency and new

technology. Schneider Electric helps increase efficiency by

providing intelligent systems to draw all of the electrical

data together and then the goal is to find the right

solution and then implement it correctly. There are two

approaches to efficiency, passive and Active. Passive

would be your implementation of new efficient bulbs or

better insulation. Active is the process of putting in

controls to monitor energy efficiency to continually

operate efficiently such as a system to automatically shut

off lights when no one is in the room or reducing air

conditioning when no one is in the building. Schneider

Electric has introduced a new intelligent energy

management system called Energy Online that allows

consumers to connect and see the data and analytics of

their energy consumption and performance of different

Nelson gained more than 25 years of experience in

the Power and Automation industries, where he held

sales and senior management positions at Schneider

Electric’s various entities. Most recentlys as the

President for Schneider Electric Singapore & Brunai

and based in Singapore. He holds an Executive MBA

from the Golden Gate University.

Nelson was a Council Member of Singapore

Manufacturers’ Federation term 2006-2008 and also

is a Member of the Board of Directors for Eagles

Communications Singapore.

With his vast challenging experience and background

in Schneider Electric, Nelson will use most of his

energy on reinforcing Schneider Electric’s presence in

Thailand and Laos. He will focus on continuous

growth, building more comprehensive energy efficient

solutions, running a broad customer-centric service

organisation and sustaining strong partnerships.

Meet Nelson Yeap

From

How is Thailand in terms of Energy Efficiency ?

Thailand is very active in improving energy efficiency.

There are two areas of efficiency. Those are Renewables

and Energy Savings. Renewables is categorized as creating

new sources of energy from renewable sources while

Energy savings is instead the focus on using new

technology to improve the use of energy from traditional

energy sources. An example of energy saving techniques

would be motion sensors to turn on the lights when

someone is in the room and off when it is empty to not

waste electricity.

Thailand’s government has a clear policy for pushing

energy efficiency forward and there is good cooperation

between government and private businesses in this area.

One area where Schneider Electric helps businesses

wanting to improve is through energy saving performance

guarantees. These guarantees allow the company to very

easily get bank financing for projects that would improve

efficiency.

November 2013—BROADSIGHT by

Jenjiri Praneet where do you think the best opportunity is?

(continuation of current mix with fossil fuels most

important or real long term opportunities in new

areas like solar for profitability)

I don’t know what particular area would grow most for

the future but right now most companies are focusing

in the area of energy conservation. The one issue of

course for any business is the cost and cost will drive

demand and which technological area grows. Right

now energy conservation technologies have the best

return based on payback periods when compared to

technology like solar or wind. This does not provide a

solution to the energy problem alone though.

Energy saved does mean it can be used in other places

but considering the growth rate in energy consumption

we wont be saving enough to cover that so new energy

production will need to be initiated. This will help drive

renewable technology and people in areas able to take

advantage of renewables like solar or hydro will

produce more than needed to then share to other

regions that don’t have that option. The future will be

largely about collaboration and sharing.

Lastly, does Schneider Electric have any innovative

technologies currently being used to increase efficiency?

At our factory we use Energy Online along with various

lighting controls and air controls along with motion

sensors to help boost efficiency. All of these have

increased efficiency by about 20-25%% from 2006 until

today and Schneider Electric could find similar savings for

clients First year usually a company can save 10% and

over a defined period of time, company can save more

than 30%.

The fastest easiest way to immediately increase efficiency

is moving to a new building and designing it in an efficient

way, which is what Schneider Electric works with building

developers to do. Just building new buildings is not viable

for everyone though, which is why Schneider Electric also

helps owners of existing buildings to improve efficiency

through the installation of new technology.

Jason Campbell

Scnheider Electric Thailand : 44/1 Rungrojthanakul Building 13/14 Floor, Rachada Pisek road, Huaikwang District, Bangkok 10310

For further information, please visit their website : http://www.schneider-electric.co.th

Q&A

November 2013—BROADSIGHT by

I S R

Despite a year having gone by since my experience in

Vietnam, I still think about it regularly. Volunteering in

an orphanage with disabled children was definitely an

experience like no other. I took the decision to

volunteer because I knew it would help me appreciate

more what I have and how lucky I am to have my family.

Moreover, I believe if a person has the physical ability

to help others, why not do it?

Originally, I wanted to volunteer in Thailand but I knew

that Vietnam was a less developed country than

Thailand, so I chose an organization called Volunteer for

Peace Vietnam and I am very happy with my decision.

My daily routine was simple, but nevertheless

rewarding. It consisted of helping to feed the children,

playing games with them, taking them for a walk

outside and doing whatever made them happy. What

struck me the most was how much the children

understood what I was saying despite me speaking

English to them.

I could see in their eyes that they knew when I wasn’t

happy with something they had done wrong and they

were quick not to do it again. They are a lot more

competent than people expect them to be and I feel we

should not treat them as ‘’disabled’’ children.

What touched me the most is how little they have,

materialistically speaking, and especially, how they

have lost their parents. However, despite having less,

ironically, they seem happier and full of life. We should

learn from them and see that one does not need a lot

to be content and happy in life.

I must admit that the first few days were hard. The

orphanage was dirty, the children at times aggressive

and the culture completely different. It is also truly

tragic that many children were disabled because they

had been affected by Agent Orange, the chemical

sprayed by the Americans during the Vietnam War. As

the BCC article rightly states, despite the war having

“The greatest gift you can give someone is your time. Because when you give your time, you

are giving a portion of your life that you will never get back” Rick Warren

Time Worth Spending

I could see in their eyes that they knew when I wasn’t

happy with something they had done wrong and they

were quick not to do it again. They are a lot more

competent than people expect them to be and I feel we

should not treat them as ‘’disabled’’ children.

What touched me the most is how little they have,

materialistically speaking, and especially, how they have

lost their parents. However, despite having less,

ironically, they seem happier and full of life. We should

learn from them and see that one does not need a lot to

be content and happy in life.

I must admit that the first few days were hard. The

orphanage was dirty, the children at times aggressive and

the culture completely different. It is also truly tragic that

many children were disabled because they had been

affected by Agent Orange, the chemical sprayed by the

Americans during the Vietnam War. As the BCC article

rightly states, despite the war having

November 2013—BROADSIGHT by

I could see in their eyes that they knew when I wasn’t

happy with something they had done wrong and they

were quick not to do it again. They are a lot more

competent than people expect them to be and I feel we

should not treat them as ‘’disabled’’ children.

What touched me the most is how little they have,

materialistically speaking, and especially, how they have

lost their parents. However, despite having less, ironically,

they seem happier and full of life. We should learn from

them and see that one does not need a lot to be content

and happy in life.

I must admit that the first few days were hard. The

orphanage was dirty, the children at times aggressive and

the culture completely different. It is also truly tragic that

many children were disabled because they had been

affected by Agent Orange, the chemical sprayed by the

Americans during the Vietnam War. As the BCC article

rightly states, despite the war having ended over 40 years

ago, children continue to be born with horrific facial

deformaties.

However, as the days went by, one starts to feel a

connection or bond becoming stronger and stronger

between you and the children. They start feeling more

and more comfortable around you and giving you minor

but rewarding signs that they like you.

If you are intersted in encountering a similar experience, please visit Volounteer For Peace Vietnam’s website :www.vpv.vn

For example, when I arrived in the morning, many of them often greeted me with a lovely smile and

offered me their hand so we could go outside and play in the courtyard.

This bonding truly gave me more passion and determination to wake up every morning and go back to

the orphanage. It is also natural to have certain days where you are missing your family, your home and

friends. The culture is also very different and at times it is hard to accept why certain habits are done

differently. However, you need to keep telling yourself that this is an experience like no other…

I would recommend everyone to volunteer at some time in their life. It is a very rewarding experience

that definitely makes you appreciate more of what you have.

Sarah Schade

I S R

November 2013—BROADSIGHT by

Precast concrete is a construction product

produced by casting concretein a reusable mold or

"form"which is then cured in a controlled

environment in the factory, transported to the

construction site and lifted into place.

Parts like door and window frames, electricity and

water networks are also cast before the concrete

dries. Precast concrete is suitable for almost any

type of building, from prefabricated housing units

to shopping malls, factories and warehouses, to

high-rise offices, hotels or condos.

Speed is where precast concrete beats out other

construction methods. While builders generally

take weeks to put up a singlehouse with normal

technologies, they can build five houses per day

using precast, says Phillip Lingwood, Senior Vice-

President of Broadgate Construction, an

international company supplying building products.

Compared to brick, for example, putting up a

precast wall is much quicker, requires less labor

and the end product is stronger, according to

Lingwood. In Cambodia it costs around US$12 to

build a square meter of a brick wall, and around

US$15 to produce one square meter of precast wall

at the factory, excluding the transportation and

labor expenses.

“Although the material cost may be higher than

brick, with precast the total project cost will be

reduced, because there is less labor used, no need

for rendering, and it’s quicker,” Lingwood said.

Precast concrete solutions have better resistance

to earthquakes or fires than brick or other wall

panel technology. It also leaves a substantially

smaller environmental footprint than other

building methods, thanks to increased recycled

content and the production processes.

While precast has almost become old hat in

developed countries, it is new in Cambodia. Fewer

than 10 projects have applied precast concrete

technology here up to now, while there are only

few precast suppliers serving the market, including

Ly Chhuong Construction and CPAC Cambodia.

Touch Somnang, deputy CEO of developer OCIC,

says the company has applied precast technology

for the housing development at the Chroy

Changvar Satellite City and sees it is a good solution

for future construction.

Article Precast Concrete, A Faster Construction Technology

As the speed of construction becomes an increasingly pressing issue for builders in Cambodia, they might want to consider precast concrete technology, rapidly becoming one of the dominant ways to build in the modern world. But while is has a host ofadvantages, there are a few drawbacks as well.

November 2013—BROADSIGHT by

“We apply precast concrete walls to houses to replace brick, and it is very fast.

This kind of precast concrete house needs only three to four weeks to finish,”

Touch said. “If you ask me whether it is strong or not, I’d say yes, because it's a

concrete wall.”

Due to rising labor costs, faster construction methods are important, he added.

“Although it is more expensive in term of materials, precast technology offers

us with cheaper labor expenses and faster construction times,” he said.

While there are several benefits, precast in Cambodia still faces challenges.

Precast products are manufactured at the factory, and there are expenses and

difficulties in transporting large and heavy concrete panels to construction sites

along narrow and pothole-ridden roads. Fuel costs are another concern.

Since carrying a large piece of precast concrete into the building can’t be done

by manpower alone, lifting machinery is needed for assembly and installation.

This is yet another cost for builders and building owners, since such machinery

is expensive in Cambodia, says Chhouk Chhay Horng, head of the civil

engineering department at the Institute of Technology of Cambodia (ITC).

Still, Lingwood of Broadgate Construction believes precast concrete is right for

Cambodia, but his company has looked at the challenges specific to developing

Cambodia as well. So, Broadgate, in a joint venture with local company 7NG

Group under the name 3 Eco City Construction, is building a factory 12 km from

Phnom Penh in Kandal province to produce the Litecast product. It has all

qualities and advantages of precast, but with the additional benefit of being 50

percent lighter. It can reduce transportation issues and the need for heavy

lifting machinery. It also has good thermal and acoustic insulation properties

that can reduce construction material costs, reduce the load on air conditioning

units and save energy in the long run.

The factory and the Litecast product are set to come on line in the middle of

2014. “Precast is good, but Litecast is even better,” Lingwood said.

Tim Vutha

Reporter for Construction and Property Magazine

Article

November 2013—BROADSIGHT by

A Moment Of Your Time

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Contributing authors :

Jenjira Praneet

Ted Fitzpatrick

Diane Vander

Sarah Schade

Ophir Moser

Guillaume Wissocq

Tim Vutha

Many thanks to :

Mr. Nelson Yeap

The views and opinions expressed in this magazine are those of authors and do not necessarily reflect

the official postition of The Broadgate Financial Group.