A ground-breaking ceremony has been held to kick off construction of the 1,320-megawatt Quang Tri 1 thermal power plant, located in the central province of Quang Tri.
Quang Tri (VNA) - A ground-breaking ceremony has been held to kickoff construction of the 1,320-megawatt Quang Tri 1 thermal power plant, locatedin the central province of Quang Tri.
The project is undertaken by Thailand’s EGAT International Company Limitedunder a build-operate-transfer contract.
The coal-fired plant using supercritical technology will have two turbines,with a capacity of 660 megawatts each.
It is expected to generate 7,200 billion kWh of electricity and pre-tax revenueof 12.5 trillion VND (over 538 million USD) per year.
With a total investment of 55.093 trillion VND (2.37 billion USD), the QuangTri 1 power plant is the largest project ever invested in Quang Tri province.
On the occasion, the Quang Tri Economic Zone Management inaugurated a23.5-kilometre road connecting the Quang Tri Southeastern Industrial Park withCua Viet Port, which was built at a cost of 700 billion VND (30.2 million USD)./.
The south-east economic zone in the central province of Quang Tri has been drawing a large number of domestic and foreign investors, with capital amounting to tens of trillions of dong.
The Vietnam Oil and Gas Group (PetroVietnam) is seeking permission to restart work on the Thai Binh 2 Thermal Power Plant which was suspended following the arrest of related officials for wrongdoings.
The central coastal province of Quang Tri has attracted many foreign investors in energy, from thermal, gas, to wind and solar power, which is a strength and a key industry of the locality.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
At the ground-breaking ceremony (Photo: VOV) 
