According to the Can Tho City E-Portal and Can Tho Newspaper, on September 15th, Mr. Tran Van Lau, Chairman of the Can Tho City People’s Committee, chaired a meeting with the Vietnam Oil and Gas Group (Petrovietnam – PVN) to discuss the progress and proposal for the Petrovietnam Eco-Industrial Energy Center project in Can Tho City.
During the meeting, the Vietnam Petroleum Institute (VPI), a subsidiary of PVN, presented a research proposal and model for the Petrovietnam Eco-Industrial Energy Center (EIEC) in Can Tho City. The center is envisioned as a clean energy ecosystem, green chemicals, and high-tech services, integrated with the agricultural advantages of the Mekong Delta region.
Petrovietnam’s model for the Eco-Industrial Energy Center in Can Tho integrates three symbiotic functional clusters: clean energy, green fertilizers and chemicals, and agricultural products, logistics, technical services, specialized ports, research and training centers, and an eco-urban area.
By 2030, Petrovietnam plans to invest $2.9 billion in industrial gas production, green and circular products, covering 65 hectares at the O Mon Power Center. By 2035, an additional $2 billion will be invested in gas supply, LNG storage, and Bio-methanol plants, spanning 88 hectares near the O Mon Power Center. By 2050, $19.4 billion will be allocated to renewable energy projects at the Song Hau Industrial Zone and Tran De Seaport.
In his concluding remarks, Chairman Tran Van Lau affirmed the city’s support for the establishment of the Petrovietnam Eco-Industrial Energy Center in Can Tho. He emphasized that this innovative, large-scale, and modern model, with a long-term vision until 2050, aligns with the city’s development strategy post-merger.
The Chairman also highlighted the project’s comprehensive benefits: economically, it will attract significant domestic and foreign investment, boosting budget revenues; socially, it will expand job opportunities, improve livelihoods, and reduce social vices; environmentally, it will contribute to CO2 reduction, advancing toward NetZero goals.
However, to ensure the project’s feasibility, he urged PVN and relevant departments to promptly study specific mechanisms, special policies, planning, and land use. PVN should review areas along the Hau River, National Highway 91B, and planned industrial zones to select suitable locations.
PVN is Vietnam’s only non-banking enterprise with consolidated assets exceeding 1 million billion VND.
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