The Hanoi People’s Committee is seeking public input on a Resolution outlining policies and measures to support the transition to clean energy vehicles within the city.
The draft proposal includes three key policy mechanisms:
1. Support for individuals and organizations transitioning from fossil fuel-powered vehicles to clean energy alternatives.
2. Measures to restrict the use of polluting vehicles.
3. Investment support for developing clean energy transportation infrastructure.
Specifically, for public clean energy station development, the city proposes five initiatives:
1. A 30% bank loan interest subsidy or access to preferential loans from the City Development Investment Fund (up to 5 years) for businesses building public clean energy stations.
According to the Hanoi People’s Committee, this 30% interest subsidy or preferential loan rate of approximately 4.98% will ease financial burdens, encouraging businesses to accelerate the transition, thereby reducing emissions and particulate matter.
2. A 50% land clearance cost subsidy and 100% land rent waiver for the first 5 years for public clean energy station projects.
Currently, some businesses operate private charging stations, restricting access to specific vehicle brands. However, public infrastructure, built on public or state-owned land, must be compatible with multiple brands, meet technical standards, and ensure fairness, transparency, and efficient use of public assets.
3. Expedited project approval for public clean energy stations, bypassing the need for investment policy approval and related procedures.
4. Free grid connection surveys and design for project areas.
5. Streamlined administrative procedures for public clean energy station development, as mandated by the City People’s Committee.
Implementation of the resolution will be funded through direct budget allocations, preferential loans, interest subsidies, and infrastructure prioritization, totaling VND 17,470 billion in direct support, VND 22,410 billion in preferential loans, and VND 781 billion in loan interest revenue.
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