More firms register investment in renewable energy in Bac Lieu

11:12 | 23/01/2018 Energy

A number of businesses in the Mekong Delta province of Bac Lieu have registered investment in renewable energy with a total capital of over 100 trillion VND (US$4.4 billion). 

Illustrative image - Source: VNA

It was unveiled during a conference on January 17 to provide information about the Bac Lieu Investment Promotion Conference 2018 scheduled for January 29-30.

Speaking at the conference, Chairman of the provincial People’s Committee Duong Thanh Trung said it will be the first large-scale investment promotion event after 20 years of the province’s re-establishment.

A series of activities during the event aim to attract investment resources from different economic sectors and popularise the image of Bac Lieu to businesses at home and abroad, he said, adding that feedback at the event will help Bac Lieu seek proper solutions to socio-economic development.

Around 500 delegates at home and abroad are expected to attend the event during which construction on the third stage of 142MW Bac Lieu wind power plant, high-tech shrimp farming complex, and the largest symbol of Vietnamese shrimp will begin.

Bac Lieu has a coastline of 56km with expansive alluvial ground. Wind power averages nearly 7m per second and sun hour exceeds 2,900 hours per year, which is advantageous to renewable energy development.

Theo VNA