WB finances construction of Trung Son power plant
The State Bank of Vietnam and the World Bank on June 28 signed an agreement on loans to build the Trung Son hydroelectric power plant in the central province of Thanh Hoa.
 |
| illustration photo |
Under the agreement, the WB will provide $330 million to help build the plant which has a total investment of nearly $412 million. The remaining funding will come from the State budget.
The Trung Son hydroelectric power plant has a designed capacity of 260 megawatt. It will be built on the Ma river in Quan Hoa district of Thanh Hoa province.
The project will be carried out from 2011-2017.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Vietnam and South Korea sign MoU to boost innovative startup development (July 04, 2024 | 15:54)
- Hanoi keeps hastening investment attraction, disbursement (July 04, 2024 | 12:00)
- Foxconn pledges further $550 million investment in Quang Ninh (July 04, 2024 | 11:30)
- Fujifilm expands health screening service business in Vietnam (July 03, 2024 | 18:39)
- Dong Nai to build green IPs that meet net-zero standards (July 03, 2024 | 18:36)
- Australians enthused to invest further into Vietnam (July 03, 2024 | 18:00)
- Major Korean conglomerates interested in expanding investments in Vietnam (July 03, 2024 | 17:35)
- Stable growth in foreign inflows despite global dips (July 03, 2024 | 16:11)
- Funding halves for Vietnamese tech startups in first half of 2024 (July 02, 2024 | 19:06)
- Hanoi hosts first Aerospace & Defence Manufacturing Innovation Day (July 02, 2024 | 17:30)
Mobile Version