The Central Highlands province of Dak Lak and the Republic of Korea's businesses sign a Memorandum of Understanding on cooperation in environmental technology and energy (Photo http://nongnghiep.vn)Dak Lak (VNA) – The Central Highlands province of Dak Lak introduced its potentials to develop green energy to businesses from the Republic of Korea (RoK) at a forum held in Buon Ma Thuot city on November 15.
According to the local socio-economic development master plan through 2020 with a vision to 2025, Dak Lak will focus on developing clean energy and hi-tech agriculture.
The province expects to generate over 1,400 MW of wind power in the future. It also plans to build eight biomass power plants with total capacity of 120 MW.
Notably, Dak Lak is in a region which has huge potentials for solar energy.
The province has potentials to develop green energy and renewable energy on land and hydropower reservoirs.
At the forum, local authorities announced preferential investment policies regarding land lease and corporate income tax.
Representatives from Korean firms discussed issues relating to solar energy, waste treatment, and building a smart city.-VNA
VNA
