Quang Tri signs deal to construct US$2.4 billion thermal plant
(VOV) - The Vietnam central province of Quang Tri is now one step closer to breaking ground on a US$2.4 billion power thermal energy plant with a capacity of 1.200 MW.
The province on May 22 signed an agreement with One Asia Co, Ltd based in Thailand to cooperate with respect to the design, construction and operation of the gas power facility, Nguyen Duc Chinh, chairman of the provincial People’s Committee unveiled.
The steam turbine energy complex will help strengthen connectivity of energy and trade among the Greater Mekong sub-region member nations as well as nations within the ASEAN region, Chinh said.
Praipol Koomsup, Thailand’s deputy minister of energy, in turn emphasized that Quang Tri province will become the gateway into Vietnam on the East-West economic corridor and the complex will facilitate speeding up economic development.
It will provide electricity for the three nations – Vietnam, Laos and Thailand – with operational capabilities phased in over the three years from 2017 to 2019.
In recent years, Quang Tri has conducted a lot of activities to attract investment form Thai businesses. At present, the province has attracted Thai businesses with an estimated investment of more than US$2 billion.