Vice Chairman of the provincial People’s Committee Nguyen Hong Hai and relevant departments received the delegation of CIP Group led by Stuart Livesey – CEO in Vietnam, members of foreign relations and commercial development sectors.
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Through a brief introduction, it is clearly realized that Denmark-based CIP is the world-biggest investor in offshore wind power projects. The Group is currently investing in a wide range of offshore wind power farms, with hundreds of MW capacity in the Asian-Pacific region, North America, Europe, etc. Reportedly, the Group is making efforts and committing to supporting the development route of off-shore windpower in Vietnam, including the La Gan one in Binh Thuan province.
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At the working session, Mr. Stuart Livesey informed us of the implementation progress of the La Gan offshore wind power project which is expected to have 3.5GW capacity and a roughly USD10.5 billion capital investment. Additionally, he expected to receive support and favor from the local authorities so that the target of bringing Binh Thuan to become a Vietnam Energy Center can earlier come true.
The meeting session has so far opened a number of opportunities for the locality in considering and selecting the best potential and high-capable investors in implementing the Government’s 8th Off-shore windpower Planning in the coming time.