Hong Duc Industry JSC, part of DEEP C Industrial Zones, Bamboo Capital Group and Sojitz Corporation with the MoU that the three parties have signed. (Photo courtesy of DEEP C) Thesigning was under the framework of the Investment Promotion Conference held inJapan, under the witness of Prime Minister Pham Minh Chinh.
Underthe agreement, DEEP C Industrial Zones together with Bamboo Capital Group andthe Sojitz Corporation will cooperate to develop an industrial park project androoftop solar power as well as ancillary infrastructure services in thenorthern region of Vietnam.
DEEPC is a cluster of industrial parks and seaports developed and operated by theinvestment holding Infra Asia Investment Hong Kong (IAI, majorly owned byBelgian company Ackermans van Haaren), in Hai Phong city and Quang Ninh province- the most dynamic development area of north Vietnam.
Over24 years of establishment and development, DEEP C has established its positionas one of the most prestigious industrial zone developers in Vietnam. Up untilnow, DEEP C has attracted over 140 secondary investors in various manufacturingand logistics services, with total registered capital of 4 billion USD. DEEP Cis now operating five industrial zone projects with a total area of 3,400hectares, supported by a synchronised infrastructure network and reliableutilities and services. The potential to develop a rooftop solar network infactories and workshops in DEEP C Industrial Zones is very promising and partof the sustainability vision developed by the company.
BambooCapital (BCG) is a Vietnamese multi-industry corporation, with a strong focuson the field of renewable energy. BCG Energy, a subsidiary of BCG, is oneof the pioneers in the development of renewable energy in Vietnam. Today, BCGEnergy owns over 500 MW in solar energy capacity and aims to reach 1.5 GWgeneration capacity in 2023.
Thethird partner joining DEEP C and BCG is Sojitz Corporation (Japan). Sojitz isone of the largest multi-industry corporations in Japan and appears on theForbes Global 2000 list. With nearly 440 subsidiaries and branches across Japanand 50 countries and regions globally, Sojitz focuses on the field ofautomobiles, manufacture of machinery and equipment; metal, energy; chemicalsand industrial infrastructure, as well as the fields of agriculture - forestry- fishery and consumer goods. Sojitz Corporation is one of the Japanesepioneers investing in the Vietnamese market since 1986, as well as the firstforeign independent power producer with the Phu My 3 Power Plant project in BaRia – Vung Tau. In addition, Sojitz has a number of investment projects inindustrial park infrastructure, afforestation and timber production and tradingin Vietnam.
Thethree-party agreement between DEEP C, BCG and Sojitz will create synergy fromeach party’s strengths, aiming to develop together with the Industrial Parkproject and ancillary infrastructure services, including rooftop solar systems,as well as to conduct research into other types of green energy and storage, soas to ensure the supply of clean and stable electricity for the IndustrialZones operated by DEEP C.
Allthree parties, DEEP C, BCG and Sojitz, have set a target to develop the firstindustrial zone in Vietnam that is fully energy independent, enhancing thegeneration and consumption of renewable energy. This collaboration will notonly bring economic benefits to DEEP C, BCG and Sojitz but also contribute toreducing emissions, moving towards carbon neutrality and sustainabledevelopment of Vietnam in the future./.
VNA
