Logo. Investment in Vietnam


Mong Duong coal fired power plant

Location Quang Ninh Province

US$ 35 billion of big investments coming to Vietnam

The Ministry of Planning and Investment has just brought up-to-date a list of 40 big foreign investment projects which are being invested in Vietnam with the total capital of US$ 35 billion. This is really a huge figure and if just about one-third of thisbecomes realistic, the target of the whole year shall be exceeded.

Two other power plants are Mong Duong II of Quang Ninh Province with the capacity of 1,200 MW, joint venturebetween AES Corp (USA) and Vietnam Coal and Mineral Corporation, which has the investment capital of US$1.463 billion. This project, which is proposed to be executed in form of BOT (Build-Operate-Transfer), was approved by Prime Minister and is under negotiation with Ministry of Industry. The project of Southern thermal powergeneration locatedin Binh Thuan Province has the investment capital of US$ 1.4 billion. Prime Minister also approved the Power Grid Van Nam Co. � CSG of China as theinvestor

Source: Vietnamnet