ROK consortium keen in Vietnam's solar energy

June 19, 2011 | 12:00
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Hanwha Group President Kim Seung –youn expressed interest in solar energy in Vietnam , especially Ho Chi Minh City , during his meeting with the city’s Party Secretary Le Thanh Hai on June 18.
illustration photo

Kim said Vietnam is an attractive market and Ho Chi Minh City in the position of the nation’s largest economic and industrial hub would be ideal for investment, especially in solar energy.

In return, the executive of the leading industrial consortium from the Republic of Korea was assured of best available conditions for foreign investors, including those from the RoK, to make profits in the city.

Hai said Ho Chi Minh City was leading the nation in development and integration, which also meant that it was the nation’s greatest energy consumer.

In the new stage of development, the city will face more difficulties in power generating sources.

“That is why the city is calling for and taking efforts to lure foreign investors with rich experience, high technology and strong finance, including those from the RoK like the Hanwha Group, to invest in electricity, especially clean energy such as solar energy,” emphasised the municipal leader.

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