Illustrative image (Photo: VNA) Vientiane (VNA) – An agreement signing ceremony to develop a wind powerplant project in Savannakhet province was held in Vientiane on July 6between representatives of the Lao Government and Vietnam's AMI Renewables Quang BinhInvestment Joint Stock Company.
Speaking at the event,Lao Deputy Minister of Planning and Investment Sthabandith Insisienmayemphaised that energy development is one of the potential fields and comes in line with Laos' socio-economic development orientation, adding that the work has been included in the list of projects sellingelectricity to Vietnam by 2025.
He expressed his hopethat the investor will closely coordinate with ministries, sectors and locality to carryout the project in timely fashion and implement their rights and obligationsunder the signed contract.
For his part, NguyenNam Thang, Chairman of the Board of Directors of AMI Renewables Quang Binh, affirmed that his company will strive to complete the work ahead of schedule,making practical and effective contributions to economic cooperation betweenQuang Binh and Savannakhet provinces in particular and the two countries atlarge in the new period.
With a total capacity of 1,220 MW, the AMI Savannakhet WindPower Plant project has a total investment of over 2 billion USD, thelargest in the energy field of Vietnam invested in Laos.
The project will be a symbol of special solidarity andcomprehensive cooperation between Quang Binh and Savannakhet in particular and the two countries in general. In addition, the project will play an important rolein economic development, ensuring energy security, and contributing to nationaldefense and security in the Vietnam-Laos border area in Quang Binh./.
