There are three key challenges that 
I can think of. The first
is government support. There has been 
a lot of enthusiasm in the region 
in the past several years for the 
development of nuclear power. The key issue,
especially post-Fukushima, will be 
maintaining that government support
and ensuring that that government 
support applies to all
phases of the project going forward.
The second issue will be developing 
legal and regulatory infrastructure to 
support the project.
A nuclear power project is not just a 
project. We have to  look at the
nuclear power
program as a whole.
We think of it often as a hundred-year 
commitment. So the infrastructure, 
especially the regulatory infrastructure,
will be key
in ensuring the success of these projects. 
And number three will be financing.
Even after all this infrastructure is 
developed, the projects will require
financing whether it will be equity 
financing or potentially export credit
agency financing,
to move forward. 
Those are the three key challenges 
that I have been  able to identify.
As I mentioned earlier, our firm has been
serving as advisors to the nuclear
industry for a long time.
Many of the entities that we advise 
are the government-owned utilities
and the governments pursuing nuclear 
projects.
Some of the challenges that I've 
identified are exactly the areas where
we've been assisting
those entities,
including developing effective 
legal and regulatory systems
that take into consideration lessons 
learned over the past decades in
the nuclear power industry
and ensure that those lessons are 
applied in a way that meets 
the goals of the program.
Also, 
putting together strategies
and putting together infrastructure 
to attract effective financing and attract
vendor interest in the project. 
We have been working on many projects 
in Asia,
in the Middle East, in Europe and  
the United States,
and they've been able to use our long-term 
experience
in the nuclear power industry to 
assist those projects in moving forward
effectively.
I think they will invest most in 
developing the proper infrastructure.
Every single country in the region that 
is looking to pursue  nuclear
is pursuing nuclear, commercial 
nuclear, for the first time. 
A number of these countries have a 
research reactor so they've  never pursued a 
commercial project before.
So, I think developing that 
infrastructure to support the projects
moving forward is going to be 
where those governments focus most. 
I think it's been a very nice event so far. 
We've heard
from representatives of the
Malaysian, Indonesian and the Thai 
governments 
this morning. It's been interesting to hear 
how those projects are progressing. We see a
great turnout here from all of 
the vendors in all of
the various organizations working 
on nuclear power in the region. 
So I'm very interested to hear some of 
the sessions this afternoon on
legal and regulatory development. I'm 
excited to chair the financing session
tomorrow to give a presentation on 
small modular reactors.
