Việt Nam’s FECON Corporation and Saudi Arabi’s Acwa Power on Monday signed a Memorandum of Understanding (MOU) for co-operation on joint development of renewable energy projects các trang web cá cược bóng đá Việt Nam.
Representatives of FECON Corporation and Acwa Power at MOU signing[/caption] According to the MOU, FECON and ACWA Power will study and evaluate the opportunities and potential of renewable energy investment các trang web cá cược bóng đá Việt Nam, particularly wind and solar power projects các trang web cá cược bóng đá southern and central regions, such as Bình Thuận and Ninh Thuận. The two parties will then incorporate joint ventures for investment các trang web cá cược bóng đá specific projects.
Paddy Padmanathan, Chief Executive Officer and President of ACWA Power, told Việt Nam News that Việt Nam is the perfect destination for investing các trang web cá cược bóng đá renewable energy thanks to its advantages các trang web cá cược bóng đá available resources, land and decreasing technology cost.
Under the national power development master plan and the renewable energy development strategy of Việt Nam, the Government has prioritised the development of renewable energy by mobilising all resources các trang web cá cược bóng đá order to increase the proportion of electricity from renewable energy sources, especially from wind and solar power, up to 7 per cent các trang web cá cược bóng đá 2020 and 10 per cent by 2030.
Seeing these potential opportunities, ACWA Power decided to choose Việt Nam as its first Southeast Asian investment destination các trang web cá cược bóng đá renewable energy projects.
The co-operation with ACWA Power is các trang web cá cược bóng đá line with FECON’s strategic vision to become a leader các trang web cá cược bóng đá infrastructure development by 2020. FECON Corporation aims at major projects, particularly supporting the Government’s incentives for renewable energy development.
“By joining hands with ACWA, FECON will leverage the strengths of local infrastructure expertise and promote international cooperation for high-technology, cost-effective projects on a win-win basis,” said Phạm Việt Khoa, Chairman of FECON Corporation.
FECON was established các trang web cá cược bóng đá June 2004 with the core business of foundation engineering, underground construction and infrastructure development.
ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants with a presence các trang web cá cược bóng đá 11 countries các trang web cá cược bóng đá the Middle East, North Africa, Southern Africa and Southeast Asia.
các trang web cá cược bóng đá Việt Nam, ACWA has a joint venture with Korea-based Taekwang Power Holdings các trang web cá cược bóng đá the Nam Định 1 Project with total investment capital of US$2.3 billion. — VNS
According to
Comments