VinaCapital and GS Energy sign memorandum of understanding with Export-Import Bank of Korea

Accordingly, the parties will study potential opportunities for KEXIM to provide credit to Long An Energy Group Company Limited, a company established by VinaCapital and GS Energy to develop the project. The signing ceremony took place on the sidelines of the "Vietnam - Korea Business Forum" organized by the Ministry of Industry and Trade in Hanoi.

VinaCapital và GS Energy ký biên bản ghi nhớ với Ngân hàng Xuất nhập khẩu Hàn Quốc - Ảnh 1.

Mr. Yoon Hee - seong , General Director of KEXIM, said : " Vietnam is promoting energy conversion from coal - fired power generation to gas - fired power generation and is expected to There will be orders for large - scale projects in the future . As the Long An LNG power plant is a typical cooperation project that has been granted an investment certificate by the Vietnamese Government , KEXIM will actively support Korean enterprises and EPC contractors to participate in the project . "

Mr. Don Lam , CEO and founding shareholder of VinaCapital Group , shared : "The power plants in Long An will play an important role in producing clean electricity for the entire Southern region and continue to promote the economic growth of the region . We welcome KEXIM 's intention to participate in the project . This not only highlights the bank 's commitment to sustainable development but also demonstrates the close relationship between Korea and Vietnam " .

Long An I and Long An II power plants located in Can Giuoc District (Long An) will be operated by clean energy source of liquefied natural gas (LNG). When put into operation synchronously, the two plants will have a total power generation capacity of 3,000 MW transmitted to the national grid. With a total estimated investment value of more than 3 billion USD, the project will contribute to ensuring energy security for the country effectively in the coming years.

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