US group to invest in Thua Thien-Hue

October 28, 2015 | 14:55

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The PSL group from the US will invest in a number of projects in Thua Thien-Hue province, according to a memorandum of understanding that the group signed with the provincial People’s Committee on October 27.

Accordingly, PLS will upgrade, enlarge and operate 7 wharfs in Chan May port and construct and run port urban areas, hi-tech parks, industrial zones and non-tariff areas at the Chan May-Lang Co economic zone.

It will also build a wind-power and solar power complex and a biomass power plant with a capacity of 500MW and a white sand processing plant at Phong Dien IZ.

Addressing the signing ceremony, Chairman of the provincial People’s Committee Nguyen Van Cao hoped that PLS projects will contribute to the province’s socio-economic development.

Thua Thien-Hue province pledged to create a niche for the group to effectively implement projects, Cao said.

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