With the goal of developing the economy in a sustainable direction with a high-tech energy industry that causes little environmental pollution, Phu Yen constantly promotes activities to promote and attract investment in this field.
Bright spots from FDI enterprises
In recent years, Phu Yen has become a focal point attracting many investors in the energy sector. Since the end of 2023, the province has continuously organized working delegations to countries around the world to learn, meet and introduce the province's development potential, including the energy industry. Thanks to that, many investors from Italy, India, Germany, Korea, etc. have raised the issue of cooperation and investment in the province.
Recently, at the Vietnam - Korea Business Forum, witnessed by Prime Minister Pham Minh Chinh , ministries, branches, localities, and businesses of the two countries, Chairman of the Provincial People's Committee Ta Anh Tuan and SK Group (Korea) exchanged a memorandum of cooperation on developing energy solutions.
This is the basis for the two sides to establish a cooperative relationship, support in research, survey, and explore investment opportunities in Phu Yen with the development of short-term and medium-term energy solutions, such as clean energy from liquefied natural gas LNG; technology to capture, store, transport and use CO2 , renewable energy; fuel cells, clean energy based on hydrogen; production, transport and supply of hydrogen.
Not only Korea, many Indian investors also raised the issue of cooperation with the province in developing energy projects. Typically, Bharat Petroleum Corp Limited (BPCL), Kanoria Group, Gail Group... had working sessions with provincial leaders to discuss cooperation in oil and gas, gas, liquefied gas, and building an energy center.
Mr. Dhruv Bhalla, representative of Kanoria Group said: We are very impressed with the development potential of Phu Yen and wish to learn about and invest in some areas that the province calls for. In particular, Kanoria Group is interested in the Bai Goc deep-water port project in the South Phu Yen Economic Zone.
Along with the port sector, we are also looking into oil refinery projects. At the same time, we are committed to accompanying the province in the process of international integration, participating in the fields of economic and community development in the locality.
Meanwhile, according to Mr. Nagato Taiyo, Chief Representative of Obayashi Corporation (Japan), this corporation is implementing an investment project to build a supply chain for green hydrogen energy both domestically and internationally. Vietnam is where the corporation wants to promote this hydrogen energy sector and Phu Yen is on the corporation's strategic investment list.
Create a clear environment
In the period of 2021-2025, Phu Yen will focus on attracting and implementing foreign investment projects with high technical and technological content, production towards developing global value chains; contributing to improving productivity, quality, efficiency and competitiveness of the economy. In particular, the province encourages investment in the following fields: petrochemical industry, seaports, information technology, electronics, biotechnology; focusing on source technology from developed industrial countries such as the United States, EU, Japan, and Korea.
Mr. Vo Dinh Tien, Director of the Department of Planning and Investment, said: Based on the central government's major directions, policies and orientations, in recent years, the Provincial Party Committee and the Provincial People's Committee have issued many programs and plans on green transformation and energy transformation. At the same time, in order to develop according to the orientation of the Provincial Planning for the period 2021-2030, with a vision to 2050 approved by the Prime Minister, Phu Yen focuses on selectively attracting investment in environmentally friendly projects. In particular, the province promotes international cooperation and develops modern science and technology.
Affirming the favorable conditions for developing energy industries in the province to investors, comrade Ta Anh Tuan emphasized the advantages of Nam Phu Yen Economic Zone with the orientation of attracting metallurgy, petrochemical and energy industries. Phu Yen is opening its doors to welcome foreign enterprises and investors to explore investment opportunities, especially in areas where the province has potential and advantages. Coming to Phu Yen, investors will be given the most favorable conditions to successfully implement projects and ensure sustainable development in the future.
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Source: https://baophuyen.vn/82/320176/tap-trung-thu-hut-dau-tu-cac-du-an-nang-luong.html
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