The project, part of the country’s medium-term public investment plan for the 2021-2025 period, will be carried out by Electricity of Vietnam (EVN). VND4.95 trillion (USD209 million) has been earmarked for the project by the government with VND2.42 trillion to be sourced from EVN’s budget.
The Ministry of Industry and Trade is responsible for appraising the project’s feasibility study, as well as inspecting and supervising progress and monitoring for potential incompetence or corruption.EVN will link Con Dao to the national grid via a 73-kilometre undersea cable and a 23-kilometre overhead cable.
The island’s electricity demand is expected to reach 24.5 MW by 2025 and 114.40 MW by 2025.
Currently, Con Dao is facing an electricity shortage, particularly due to the increasing number of tourists.
Under the medium-term public investment plan in the 2021-2025 period, the National Assembly has also approved the allocation of over VND63.72 trillion for public investment projects to transportation, defence, state management and science and technology. Of the sum, VND57.73 trillion will be spent on 32 transport projects.
