The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.
With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam.
Korea Infrastructure Company Limited has just announced that it would invest $3.2 billion in Paradise golf and beach resort in Ba Ria - Vung Tau province if the company is accepted to be the investor.
Economists said that with the current practice, instead of benefiting the urban infrastructure, build-transfer projects benefit investors the most.
Hongkong Land has surpassed many other foreign investors to become Ho Chi Minh City Infrastructure Investment JSC (CII)’s partner to develop a 1,140 apartment project.
Based on infrastructure development progress, wind farm project will be developed by phases of six sub–projects with a minimum capacity of 30MW.
