Island of Boracay in Phillipines had to close its doors to tourists for 6 months in April 2018 because of the cesspool it had become from "sewage being dumped into the sea by local hotels and restaurants, and buildings constructed too close to the shoreline, mean it is under threat. The environment ministry has claimed some 195 businesses and 4,000 residential properties on Boracay are not connected to the sewer system."
Due to inadequate island infrastructure large installations are not well suited to these locations. Very fortuitous for our Fluence!... and how many islands + resorts are there dotted around the Philippines and abroad. The mind boggles at the enormity of this market.
FLC Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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