Quang Ninh starts four big projects
Groundbreaking ceremonies for four key projects were launched on October 24 in Quang Ninh Province, marking the reopening of one of the pillar economies in Vietnam after a long break due to COVID-19.
A ceremony to launch the Quang Ninh liquefied natural gas (LNG) power project was held on October 24 in Cam Pha city, the northern province of Quang Ninh.
The event featured the participation of Le Van Thanh, Deputy Prime Minister, Nguyen Xuan Ky, secretary of the Quang Ninh provincial Party Committee and chairman of the provincial People's Council alongside Nguyen Tuong Van, deputy secretary of the provincial Party Committee and chairman of the provincial People's Committee among others.
Upon addressing the launching ceremony, Ho Cong Ky, chairman of the Board of Directors of the PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), thanked State agencies and those in Quang Ninh province for creating the best possible conditions for 4 investors of the project- PV Power, Colavi, Tokyo Gas and Marubeni to carry out the project.
He also affirmed the investors' determination and their best efforts to bring the project into commercial power generation on schedule.
In his speech, Nguyen Tuong Van, chairman of the Quang Ninh provincial People's Committee said in addition to its strengths in minerals and tourism, in the near future, Quang Ninh will focus on developing green, clean and eco- friendly power sources, with the best commitment to supporting the project toward gradually turning Quang Ninh province into one of the major power centers of the nation.
On behalf of the provincial leaders, Nguyen Tuong Van handed over a decision on the approval of project investors announced by the Department of Planning and Investment of Quang Ninh province, to representatives of the four investors. The Quang Ninh liquefied natural gas (LNG) power project was built in Cam Thinh ward, Cam Pha city with a total estimated investment of VND47,480 billion.
This will be the first imported LNG power plant project in the northern region with a capacity of 1,500 MW. Once completed and put into commercial operation in the third quarter of 2027, the project is set to provide a large amount of electricity up to 9 billion kWh/year to the national power grid as a contribution to ensuring energy security and reducing greenhouse gas emissions.
* On the same day, the province also held groundbreaking ceremonies to start the construction of 3 other key projects including Ha Long Green complex urban area in Quang Yen Town and Ha Long City, Dong Trieu Golf Course and Van Ninh general port.
The series of projects demonstrated Quang Ninh’s effort in developing the economy amid the impact of the pandemic in Vietnam and around the world.
Among the project, Ha Long Green Complex Urban Area is the largest, with an estimated investment capital of nearly 232.4 trillion VND. The project, which is invested by a consortium of Vingroup JSC and Vinhomes JSC, will become Quang Ninh’s and the country’s new centre of economy, culture and tourism.
The Dong Trieu Golf Course is in Dong Trieu town with investment from Silk Path Hotel JSC. The golf course is built on an area of nearly 130 hectares, serving about 800 guests per day. The golf course will have low-rise accommodation projects, high-rise hotels, golf training courses, entertainment areas, and a high-class eco-resort space.
The Van Ninh general port (Phase 1) is in Van Ninh commune with investment from Van Ninh International Port JSC, with total investment capital of over 2.2 trillion VND. The project will contribute to the system of seaport infrastructure and services, helping to protect national security.