HANOI (Vietnam News/ANN): The Mekong Delta province of Trà Vinh is witnessing a series of wind power projects settling in the province thanks to its favourable position, with total investment exceeding VNĐ42 trillion (US$1.8 billion).
Among them is the 48 MW wind power plant project invested by Trường Thành Việt Nam Group JSC in co-operation with Sermsang Power Corporation. The project covers an area of 1,220ha, with a total investment of VNĐ2.23 trillion. Construction on the project started in September last year and is expected to be partially connected before October this year.
The Refrigeration Electrical Engineering Corporation (REE) also plans to invest in the No 3 wind power plant with a total investment of VNĐ1.22 trillion on an area of 1,225ha. Construction started in October 2019, with a total expected capacity of 48KW.
The North Investment Construction and Development JSC and Hưng Bắc Energy Investment JSC have signed a Memorandum of Understanding on a wind power project with total investment capital of VNĐ7.17 trillion.
Trà Vinh is situated between the Tiền and Hậu rivers, the two main branches of the Mekong River, which allow transport with other south-western provinces, HCM City and neighbouring countries.
It is also bordered by a 65km long coastline. Its geography creates favourable conditions for the province to develop transportation, trade and services, tourism and cultural exchange with other regions.
According to the Provincial Statistics Office, Trà Vinh’s Gross Regional Domestic Product (GRDP) last year was estimated to increase by 14.85 per cent, which was the highest jump compared to other provinces in the Mekong Delta region.
The agriculture, forestry and fishery sector posted a growth of 2.58 per cent, industry and construction rose by 34.37 per cent and service sector rose by 6.94 per cent. — Vietnam News/Asia News Network