VN to co-operate with Saudi Arabia kết quả xổ số miền bắc renewable energy projects

[caption id="attachment_7060" align="aligncenter" width="640"] 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 kết quả xổ số miền bắc Việt Nam, particularly wind and solar power projects kết quả xổ số miền bắc southern and central regions, such as Bình Thuận and Ninh Thuận. The two parties will then incorporate joint ventures for investment kết quả xổ số miền bắc 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 kết quả xổ số miền bắc renewable energy thanks to its advantages kết quả xổ số miền bắc 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 kết quả xổ số miền bắc order to increase the proportion of electricity from renewable energy sources, especially from wind and solar power, up to 7 per cent kết quả xổ số miền bắc 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 kết quả xổ số miền bắc renewable energy projects.

The co-operation with ACWA Power is kết quả xổ số miền bắc line with FECON’s strategic vision to become a leader kết quả xổ số miền bắc 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 kết quả xổ số miền bắc 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 kết quả xổ số miền bắc 11 countries kết quả xổ số miền bắc the Middle East, North Africa, Southern Africa and Southeast Asia.

kết quả xổ số miền bắc Việt Nam, ACWA has a joint venture with Korea-based Taekwang Power Holdings kết quả xổ số miền bắc the Nam Định 1 Project with  total investment capital of US$2.3 billion. — VNS

According to