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
- Digitalisation paves way for logistics market to compete (November 04, 2024 | 17:00)
- Green is new buzzword for logistics arena (November 04, 2024 | 15:31)
- Costs and competition head logistics advancement issues (November 04, 2024 | 15:14)
- Kien Giang upgrades tactics for more efficient capital use (November 04, 2024 | 09:07)
- Key project headway to boost growth (November 04, 2024 | 07:00)
- Nhon Trach VI Industrial park welcomes new high-quality warehousing facility (November 03, 2024 | 20:19)
- Long-term funds to address logistics cost (November 03, 2024 | 19:52)
- C.P. Vietnam joins PPP to promote transformation of food industry (November 02, 2024 | 10:04)
- Hung Yen propels investment in Germany and the Netherlands (November 02, 2024 | 09:54)
- 2024 may be Vietnam's most successful year for FDI (November 01, 2024 | 16:10)
Mobile Version