The Hanoitimes – Sumitomo is eager to get the project underway and is intensifying its negotiations with the Ministry of Industry and Trade (MoIT) to sign a build-operate-transfer (BOT) contract and complete investment registration procedures
Japan’s Sumitomo group anticipates obtaining its investment license, signaling the green light to proceed with the construction of a thermal power plant in central Khanh Hoa province, in July 2014.
Once approved, construction of the Van Phong Thermal Power Plant 1 is expected to be completed by the end of next year.
The 2,640MW Van Phong Thermal Power Plant 1 will span more than 350 ha in Ninh Phuoc commune at an estimated price tag of US$3.8 billion.
To create conditions more conducive to the attraction of investors, Khanh Hoa province pumped VND150 billion into site preparation work for the project and an additional VND135 billion for resettlement projects.
In recent years, foreign investors have found BOT power projects in Vietnam quite attractive. The Republic of Korea’s Samsung has become involved in Vung Ang 3 thermal power plant. EGATI of Thailand invested in a thermal power plant in central Quang Tri province and Toyo-Ink of Malaysia funded Song Hau 2 thermal power plant.
In recent years, foreign investors have found BOT power projects in Vietnam quite attractive. The Republic of Korea’s Samsung has got involved in Vung Ang 3 thermal power plant. EGATI of Thailand invested in a thermal power plant in Quang Tri province. Toyo-Ink of Malaysia funded Song Hau 2 thermal power plant.
Most recently, KEPCO group of the RoK has also showed keen interest in investing in Song Hau 3 power plant with a designed capacity of 2,000 MW.
HNT
Đăng ký: VietNam News