At the signing ceremony, Ambassador Thongsavanh Phomvihane highly appreciated the collaboration between the two companies. The Ambassador informed that this is the first collaboration project in renewable energy sector between Lào and Việt Nam.
Speaking at the ceremony, Mr. Nguyễn Phi Long – Vice Chairman of Bình Định PPC was happy to see that AIDC is investing in 1 project in Bình Định. This is a success in development of economic cooperation between the two countries.
Phương Mai 3 Wind Farm is invested by Halcom Vietnam JSC; operated by the project enterprise Central Wind Power JSC (CWP) in Nhơn Hội economic zone, Bình Định province. The Wind Farm is designed of 6 turbines, with capacity of 3.5 MW each; the total nominated capacity is 21 MW; Power generation is 77.945 million kWh/year.
Phương Mai 3 is the first wind power project worth thousands of billions of VND implemented by Halcom in the centre of Vietnam. With financial resources of Halcom and advanced technology from the world leading supplier Siemens Gamesa, the commercial operation date is expected to be October 2019.
To improve financial capacity and resources for new potential projects, Halcom with due diligence has selected AIDA from Laos PDR as the first strategic partner. Mr. Nguyễn Quang Huân – Chairman of Halcom advised that with the philosophy of not pursuing profits by all means, we wish to bring sustainable benefits to the community and society, which in turn brings sustainable benefits to the enterprise and its partners.
Halcom has nearly 20 years of experience in development of sustainable infrastructure. However, the Phuong Mai 3 Wind Farm is the first project in renewable energy sector. This is the project with the most state-of-the-art technology, highest capacity turbine as of present.
“This first project helps us to improve our management capacity and gain our confidence in developing a series of upcoming projects. As planned for the next 3 years, we will develop and put into operation the wind and solar power projects with total capacity of about 300 MW. In addition, we have been developing more projects on water supply and drainage and solid waste treatment with total investment of tens of thousands billions of VND.”- Mr. Nguyễn Quang Huân stated in his speech.
Speaking at the signing ceremony, Mr. Pheutsapha Phoummasack – Chairman of AIDC said that: AIF and AIDC is one of the leading firms in Laos PDR, investing in many sectors such as: hydro-power, renewable energy, infrastructure, real estate, banking, lottery, etc. Apart from doing business in Laos, the group also invest in Thailand and Cambodia.
The Chairman of AIDC shared that in 2018, implementing the policy if the governments and communist parties of the two countries on withdrawing investment from Vietnamese enterprises into Laos and vice versa, we are determined to work together in Phương Mai 3 project. We are confident that the collaboration between the two enterprises will be an important milestone and open further collaboration in larger scale projects.