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Japanese investor keen on Hau Giang solar energy plant

Released at: 10:52, 29/10/2016

Japanese investor keen on Hau Giang solar energy plant

Photo: Archives/Courtesy/Illustration

Investor expresses interest at meeting with Mekong Delta province but details are still to be thrashed out.

by Ngoc Lan

The Mekong Delta’s Hau Giang province has confirmed that an investor is seeking to invest in a solar energy power plant at a time to still be determined.

Mr. Nguyen Van Quan, Deputy Director of the Hau Giang Department of Planning and Investment, said the JinkoSolar International Development Ltd expressed a willingness to build a solar energy power plant at an investment promotion meeting with provincial leaders on October 24.

The plant would have total registered investment capital of VND1.2 trillion ($53.3 million) and cover 50 ha at a site in Hoa An commune, Phung Hiep district.

Mr. Quan told VET that the investor has only met with provincial leaders and proposed the project at this stage, so no timeframe has been agreed.

The plant will include solar modules and roof mounting systems and have a capacity of 40 MW.

At the meeting a JinkoSolar representative said he hoped that site clearance and compensation would be undertaken for construction to begin next year.

Mr. Nguyen Van Tuan, Deputy Chairman of the Provincial People’s Committee, said the province would create favorable conditions for JinkoSolar to build the solar power plant and has asked the company to quickly submit a plan, which the province will review before submitting a proposal to the Ministry of Industry and Trade and the government.

The Provincial People’s Committee previously approved the construction of a solar power plant with total investment capital of more than VND1.5 trillion ($67.5 million) from the PetroVietnam SongHong Investment and Trading Corporation.

Located in Hoa An commune, Phung Hiep district, the plant covers 55 ha and will have a capacity of 36 MW and be put into operation in the second quarter of 2017.

Mr. Lu Van Hung, Chairman of the Provincial People’s Committee, said recently that local authorities are giving priority to investment projects relating to the development of high-quality farm product markets, high-tech industrial parks, concentrated breeding and freshwater aquaculture areas, fruit preservation and processing, and eco-tourism.

Hau Giang has an area of 1,608 sq km and a population of over 800,000 people and is some 240 km from the center of Ho Chi Minh City. It has attracted 3,710 enterprises with total investment of over VND43 trillion (over $1.9 billion) over the last 12 years, according to Ministry of Planning and Investment, licensing 310 new enterprises every year, mainly in trade, services and construction.

The province is now home to nearly 500 domestic projects worth VND120 trillion ($5.4 billion), up 7.4 per cent since 2004. The number of foreign-invested projects in the province stands at 27 with total investment capital of $800 million.

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