Central Highland provinces eye power grid completion
The Central Highland provinces of Dak Lak and Dak Nong are aiming to
complete the construction of a 500kV power grid by April 30.
The Central Highland provinces of Dak Lak and Dak Nong are aiming to
complete the construction of a 500kV power grid by April 30.
The electricity line, the 500kV Pleiku-My Phuoc-Cau Bong, runs through Ho Chi Minh City, the southern provinces of Binh Phuoc, Binh Duong, and the Central Highland provinces of Gia Lai, Dak Lak and Dak Nong.
In order to ensure the process, Dak Lak authorities have been creating the best possible conditions to facilitate building work.
Meanwhile, on April 9, a delegation from the Electricity of Vietnam held a working session with Dak Nong provincial People’s Committee to solve existing shortcomings and carry out measures to speed up land clearance and compensation work for households to be relocated.
Once completed, the 437-km network will increase the electricity back-up capacity for the Central Highland and southern regions of the country.
It will then boost power connectivity throughout Vietnam, Laos and Cambodia after 2015.
The project has a total investment of 9.3 trillion VND (437 million USD), funded by the Asian Development Bank (ADB), the Bank for Industry and Trade (Vietinbank), the Vietnam Development Bank (VDB) and other financial sources.-VNA
The electricity line, the 500kV Pleiku-My Phuoc-Cau Bong, runs through Ho Chi Minh City, the southern provinces of Binh Phuoc, Binh Duong, and the Central Highland provinces of Gia Lai, Dak Lak and Dak Nong.
In order to ensure the process, Dak Lak authorities have been creating the best possible conditions to facilitate building work.
Meanwhile, on April 9, a delegation from the Electricity of Vietnam held a working session with Dak Nong provincial People’s Committee to solve existing shortcomings and carry out measures to speed up land clearance and compensation work for households to be relocated.
Once completed, the 437-km network will increase the electricity back-up capacity for the Central Highland and southern regions of the country.
It will then boost power connectivity throughout Vietnam, Laos and Cambodia after 2015.
The project has a total investment of 9.3 trillion VND (437 million USD), funded by the Asian Development Bank (ADB), the Bank for Industry and Trade (Vietinbank), the Vietnam Development Bank (VDB) and other financial sources.-VNA
You should also see
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
See more
Business
Forum seeks to increase PPP investment effectiveness
Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Business
Remittance inflows expected to quench real estate sector’s thirst for capital: Experts
Amid a “thirst” for capital of real estate businesses, the strong inflow of remittances is expected to heat up the market again, held insiders.
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
