Vietnam's Mekong Capital plans South-East Asia climate fund as early as 2024


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SINGAPORE, May 30 (Reuters): Vietnam-focused private equity firm Mekong Capital is looking to build a climate fund worth up to $200 million as early as next year, focusing on investments that will help with the regeneration of forests in the Mekong region.

The Ho Chi Minh City-based firm is setting up a team for the fund, which will look at businesses that will help restore forests including those involved in organic and seaweed farming in the Mekong region comprising Laos, Cambodia, Thailand and Vietnam, its founder and partner Chris Freund told Reuters.

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