Soc Trang province attracts clean energy investors

13:27 | 12/05/2018 Industry

A lot of investors operating in the fields of wind power, solar power and agriculture have recently come to the Mekong Delta province of Soc Trang to seek investment opportunities.

Earlier, the Ministry of Industry and Trade approved 22 locations with potential for wind power development in the province.

These locations cover a total area of 35,740 hectares with plants holding a combined designed capacity of 1,470MW.

To date, 19 investors have made fact-finding tours and mapped out projects at the planned locations. Among those, two have completed procedures and were granted with investment decisions.

Chairman of the provincial People’s Committee Tran Van Chuyen said that the province always creates favourable conditions for enterprises and will choose the most competent investors to promote the efficiency of the projects.

The province is speeding up the drafting of a master plan on wind power, he added.

An investment promotion conference in Soc Trang will be organized in May, during which the province will grant investment decisions, investment licences, and memoranda of understanding on investment cooperation to 47 projects, with a total investment of nearly 123 trillion VND ( US$5.4 billion).

Theo VNA