10:02 | 17/11/2019 Investment
Quang Ngai's People's Committee signed a Memorandum of Understanding (MoU) with SK Innovation Company, Doosan Heavy Industries, Ingine Company from Korea, and Vingroup on the Non-Carbon Island Initiative for the province. The MoU will take effect until the end of 2021.
Following the MoU, Quang Ngai People's Committee will cooperate with and support the parties in the process of surveying and making project proposals; directing functional agencies to guide and support the parties to complete administrative procedures of the project based on the provincial regulations and authority.
|L-R) Deputy General Director of Vingroup Group Vo Quang Hue; Executive Vice President of DHI Jung Yeon In; Vice Chairman of the Provincial People's Committee Nguyen Tang Binh; Chairman of SKI DBL Committee Dong Seob Jee and Chief Executive Officer of Ingine Yong Jun Sung sign the MOU|
SKI will take respobsibility for proposing the "Non-carbon island initiative” and implementing projects such as the distribution of eco-friendly items for Quang Ngai Province. DHI will actively involve in the "Non-carbon island initiative" of Quang Ngai province on the RO desalination plants. INGINE will provide wave to energy techonology for the "Non-carbon island initiative" for Ly Son district.
Vingroup, as a Vietnamese business partner of the "Non-Carbon Island Initiative", will sponsor environmentally friendly vehicles associated with the battery system and charging stations that are manufactured and installed by the VinFast Manufacturing and Trading Company Ltd. - a subsidiary of Vingroup.
This MoU signing ceremony is a further step forward after the meeting with the leaders of Quang Ngai PPC took place earlier on September 24, 2019 on the project of generating electricity from sea waves with the capacity of 100 KW donating for An Binh Islet at about $1 million cost.