Quang Tri, Italian company to collaborate in carbon credit generation

Acting Chairman of Quang Tri province Ha Sy Dong expressed his hope that the collaboration will effectively contribute to Vietnam’s and Italy’s international ecological environment commitments.

Ha Sy Dong, acting Chairman of the Quang Tri People's Committee, and Giacomo Spadini, CEO of ENI Natural Energies Vietnam LLC, sign a memorandum of understanding on January 22. (Photo: baodautu.vn)
Ha Sy Dong, acting Chairman of the Quang Tri People's Committee, and Giacomo Spadini, CEO of ENI Natural Energies Vietnam LLC, sign a memorandum of understanding on January 22. (Photo: baodautu.vn)

Quang Tri (VNS/VNA) - The People's Committee of Quang Tri province and ENI Natural Energies Vietnam LLC on January 22 signed a memorandum of understanding for cooperation in the creation of carbon credits and agrifeed stock.

Key aspects of the province’s socio-economic potential, major ongoing and upcoming projects and the direction for future development were also addressed at the meeting by Ha Sy Dong, acting Chairman of the Quang Tri People's Committee.

“The vibrant development of Quang Tri is currently being driven by numerous key programmes and projects, many of which involve investors from various countries around the world,” he said.

He added that the province currently has 20 wind power projects with a total capacity of 742.2 megawatts (MW) in commercial operation, 11 hydropower projects operating at 167.5MW, three solar power projects at 119.6MW and a rooftop solar system producing approximately 90.2MW.

The province is also focusing on accelerating the progress of implementing the approved power generation and grid projects in the National Power Development Plan VIII, approved by the Prime Minister on May 15, 2023, Dong said.

The official expressed his hope that through the signing of the MoU, Quang Tri and ENI Natural Energies Vietnam LLC will build a comprehensive, responsible partnership, contributing to the effective implementation of international ecological environment commitments of Vietnam and Italy.

CEO of ENI Natural Energies Vietnam LLC Giacomo Spadini said that this is just the start of a long-term partnership.

"We were deeply impressed by the significant changes in Quang Tri seen during our visits to the Quang Tri Industrial Park, the My Thuy deep-sea port and key energy projects at the Southeast Economic Zone," he said.

The company expressed its hope for further cooperations with the province, particularly in areas related to natural climate solutions, the environment and carbon credits./.

VNA

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