HCM City calls for investment in environment projects
Ho Chi Minh City has called for investment in environmental protection projects from now through 2025 and announced incentives for such investment as it seeks to resolve certain problems soon.
Illustrative image (Source: VNA) HCM City (VNS/VNA) – Ho Chi Minh City
has called for investment in environmental protection projects from now through
2025 and announced incentives for such investment as it seeks to resolve
certain problems soon.
A spokesman for the municipal Department of Natural Resources and Environment said some 8,900 tonnes of solid wastes are collected daily in the city and treated at Phuoc Hiep waste treatment complex in Cu Chi district and Da Phuoc Waste Treatment Complex in Binh Chanh district, with 69 percent being buried and the rest burnt and recycled.
The volume is set to increase by 5 percent a year to 10,081 tonnes per day in 2020 and to 12,864 tonnes per day by 2025.
The city’s authorities have called on investors to set up two more solid waste treatment units using recycling technology capable of handling 2,000 tonnes a day at the Phuoc Hiep Solid Waste Treatment complex in Cu Chi district.
They will respectively treat harmful industrial and medical wastes using plasma waste-burning technology.
The city has also called for covering unused former landfills in the districts of Cu Chi, Hoc Mon and Tan Binh to turn them into golf courses or parks or build shopping facilities or apartments on them.
According to the Department of Natural Resources and Environment, investors in new waste treatment facilities will enjoy incentives related to land use rights, electricity rates, bank loans, and taxes.
If the additional units at the Cu Chi and Binh Chanh waste treatment plants meet the standards set by the Government under a decision in 2013, they will enjoy tax waivers for 11 year and 70 percent discounts on land rentals.
Electricity generated by burning waste will be bought for 2,114 VND per kWh, while power produced by burning gases collected from landfills will fetch 1,532 VND.
The city will provide financial support in the form of fully subsidising interest on all bank loans obtained for projects to collect, treat and recycle waste by the private sector.
All import taxes on equipment and other products not manufactured in the country will be waived.
Speaking about incentives to attract investment in solid waste treatment projects offered by the city, Dr Le Huy Ba of the HCM City University of Food Industry said they are attractive.
However, the city should specify the time frames, locations and technologies for these projects, while the technologies and funding for them must be carefully assessed to ensure the projects are undertaken successfully, he said.-VNS/VNA
A spokesman for the municipal Department of Natural Resources and Environment said some 8,900 tonnes of solid wastes are collected daily in the city and treated at Phuoc Hiep waste treatment complex in Cu Chi district and Da Phuoc Waste Treatment Complex in Binh Chanh district, with 69 percent being buried and the rest burnt and recycled.
The volume is set to increase by 5 percent a year to 10,081 tonnes per day in 2020 and to 12,864 tonnes per day by 2025.
The city’s authorities have called on investors to set up two more solid waste treatment units using recycling technology capable of handling 2,000 tonnes a day at the Phuoc Hiep Solid Waste Treatment complex in Cu Chi district.
They will respectively treat harmful industrial and medical wastes using plasma waste-burning technology.
The city has also called for covering unused former landfills in the districts of Cu Chi, Hoc Mon and Tan Binh to turn them into golf courses or parks or build shopping facilities or apartments on them.
According to the Department of Natural Resources and Environment, investors in new waste treatment facilities will enjoy incentives related to land use rights, electricity rates, bank loans, and taxes.
If the additional units at the Cu Chi and Binh Chanh waste treatment plants meet the standards set by the Government under a decision in 2013, they will enjoy tax waivers for 11 year and 70 percent discounts on land rentals.
Electricity generated by burning waste will be bought for 2,114 VND per kWh, while power produced by burning gases collected from landfills will fetch 1,532 VND.
The city will provide financial support in the form of fully subsidising interest on all bank loans obtained for projects to collect, treat and recycle waste by the private sector.
All import taxes on equipment and other products not manufactured in the country will be waived.
Speaking about incentives to attract investment in solid waste treatment projects offered by the city, Dr Le Huy Ba of the HCM City University of Food Industry said they are attractive.
However, the city should specify the time frames, locations and technologies for these projects, while the technologies and funding for them must be carefully assessed to ensure the projects are undertaken successfully, he said.-VNS/VNA
You should also see
Vietnam, China promote judicial cooperation
Minister of Justice Le Thanh Long held talks with his visiting Chinese counterpart He Rong in Hanoi on April 19 to discuss measures to promote judicial cooperation between the two countries.
See more
Environment
Can Tho explores climate change cooperation with foreign countries
Leaders of the Mekong Delta city of Can Tho on April 17 met with a visiting delegation from the Embassies of Canada, New Zealand, Norway, and Switzerland to discuss issues related to erosion, climate change, migration, and the city's current needs for support and cooperation.
Environment
Nghe An: Man captured for illegal wildlife transport
Police in Vinh city, the central province of Nghe An, have captured a suspect involved in the illegal transport of 420 rare wildlife animals, including parrots, kangaroos, turtles, and monkeys.
Videos
Vietnam works to prevent biodiversity degradation
Vietnam is recognised as one of the countries with the richest biodiversity in the world with different ecosystems including tropical forests, marine and coastal ecosystems. However, experts from the World Wide Fund for Nature in Vietnam said that Vietnam's biodiversity is degrading.
Environment
Communication campaign calls for wildlife conservation efforts
The central province of Quang Binh, home to the UNESCO-recognised Natural Heritage site of Phong Nha Ke Bang National Park, on April 13 launched a communication campaign in response to the World Wildlife Day (March 3) and the National Biodiversity Restoration Year 2024.
Environment
Saigon Co.op ties up with Winrock International for waste circulation
Saigon Co.op signed an MoU with non-profit Winrock International in HCM City on April 12 to reduce environmental pollution by developing a waste circulation model, enhancing waste separation at source and raising the extended producer responsibility.
