Ninh Thuan Province grants licenses for new projects

Ninh Thuan Province's Economic Development Office announced on March 19 that it had granted licenses to four new projects with a total capital of VND6.4 trillion (US$320 million).

Among the four new projects, the most remarkable is the Phuoc Nam Enfinity renewable energy plant of 124.5MW capacity with investments by Belgium-based Enfinity Company.

Another notable project are the wind and solar power plants in Phuoc Nam, Phuoc Minh and Phuoc Ninh communes in the central province with an investment of VND5.2 trillion ($260 million). Besides these, there are projects to build tourist sites and also to exploit minerals in the province.

The office also said that provincial authorities had received a big project to develop the Mui Dinh Urban Area at a total cost of VND85.5 trillion ($4.5 billion) by the Korean-based Polo Beach International Ltd. Company.

Source:Tuoi Tre, translated by C.Dung

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