The Department of Industry and Trade of Nghe An recently organized a meeting with investors to announce and provide information on matters related to the LNG Quynh Lap Power Project.
With a capacity of 1,500MW, the project is one of the important power sources approved in the Power Planning VIII to ensure national energy security for the period of 2021 – 2030, with a vision towards 2050. The project is expected to be commercially operational before 2030.
The project, with a total investment of approximately $2.4 billion, will be located in Dong Minh and Dong Thanh villages, Quynh Lap commune, Hoang Mai town. It is estimated to consume around 1.15 million tons of LNG per year.
The investment scope includes the following components: LNG-fired power plant, gas storage, receiving port, breakwater, and auxiliary works. The total area of the project is 210-360 hectares.
The approval of the investment policy for this $2.4 billion LNG power project, the largest investment in Nghe An to date, is expected to usher in a new era for the province’s investment attraction in the coming time.
During the meeting, representatives from relevant departments introduced the general overview and disclosed information related to the LNG Quynh Lap Project. They also presented the project site and the planning of Dong Hoi Port while guiding investors through the necessary investment procedures as per legal regulations. The leaders of the departments and sectors addressed the investors’ inquiries and discussed matters pertaining to their respective domains.
The acceptance of investment registration dossiers will commence on September 20, 2024. Interested investors are requested to coordinate with relevant departments and sectors to understand and complete the subsequent procedures. Nghe An’s departments, sectors, and localities will facilitate administrative procedures for enterprises interested in investing in the province.
Investors can submit their dossiers directly or through postal services to the Nghe An Province Public Service Center; the address is 16 Truong Thi Street, Truong Thi Ward, Vinh City, Nghe An Province. The deadline for receiving dossiers is October 5, 2024.
The Central Province Invites Investment for the $2-Billion-Plus LNG Power Project
The Nghe An Department of Industry and Trade recently convened a meeting with investors to disclose and provide information on the LNG Quynh Lap project. This significant power project is a priority in the Power Development Plan VIII and will have a substantial impact on the region’s energy landscape.
The Road to Redemption: Bach Dat An Company Pays Back Taxes to Regain Business License in Quang Nam
Mr. Le Van Dung, Chairman of the People’s Committee of Quang Nam Province, asserted that the enterprise had essentially fulfilled its commitments following the province’s issuance of an ultimatum.
The Capital City’s Social Housing Boom: Over 6,300 Homes Nearing Completion in Hanoi
The Hanoi Department of Construction has announced that six social housing projects, comprising approximately 6,330 apartments, are expected to be completed by 2024. This significant development aligns with the city’s ambitious plans to meet its housing targets and underscores its commitment to providing accessible and affordable housing options for its residents.
Unlocking Investment Potential: Deputy Prime Minister Demands Clear Timeline for Public Investment Capital Disbursement
Deputy Prime Minister Tran Hong Ha has instructed ministries, sectors, and localities to report on the review and classification of public investment projects. This includes ongoing projects with clear progress commitments and projects that cannot be implemented due to mechanism, policy, and legal obstacles.
The Sunny Side of Life: A Coastal Escape
As of now, Ba Ria- Vung Tau province has attracted 476 FDI projects with a registered capital of over $33 billion and 695 domestic projects with a total capital of more than VND 399,000 billion. This impressive achievement showcases the province’s appeal to both foreign and domestic investors, solidifying its position as a thriving investment destination in Vietnam.
