Prime Minister Nguyen Tan Dung has approved a list of projects that will develop wind power in Vietnam.
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| Turbines at the Bac Lieu Wind Power Plant in southern Bac Lieu Province. A list of projects to develop wind power in Vietnam, largely funded by ODA from Germany, has been approved by Prime Minister Nguyen Tan Dung. |
The projects, largely to be funded by Official Development Assistance (ODA) from Germany, propose several approaches to improve Vietnam's capacity to harvest the potential of wind energy.
They range from building databases, to planning wind power infrastructure at both local and central levels, to improving the management of wind power investment.
To be implemented between 2014 and 2018, these projects will utilise a total investment of 3.7 million euros (US$4.7 million). Germany's non-refundable development assistance package offered 3.6 million euros ($4.6 million) of the required investment and Vietnam's corresponding contribution satisfied the remaining 100,000 euros ($129,300).
PM Dung assigned the Ministry of Industry and Trade with the responsibility of allocating the funds to ensure the implementation of the projects.
