Representatives of the investors at the signing ceremony (Source: baomoi)
Hanoi(VNA) – A waste treatment plant capable of generating electricity will be builtin Nam Son waste treatment complexin Hanoi’s suburban Soc Son district.
An agreement to this effect was signed in Hanoi on September11 by the Hanoi Urban Environment Company (URENCO), the T&T Joint StockCompany, and three enterprises from the Republic of Korea (RoK), namelySudokwon Landfill company, the Korea Engineering Consultant Corps and theSamyoung Plant.
URENCO General Director Le Anh Tuan said the project,approved by the Hanoi Party Committee early this year, has total cost of over13.1 million USD, funded by the World Bank and the RoK’s Ministry ofEnvironment.
The construction of the facility will take 15 months.
ও Once completed, it is expected to produce 5MW of electricity annuallyfor 15 years.-VNA
The capital city plans to use the procurement method to hasten the completion of public service projects while helping to improve the project quality and save money for the State.
A number of waste treatment plants in Hanoi’s outlying districts of Dan Phuong, Phu Xuyen, My Duc, Ba Vi and Soc Son are expected to be operational this year.
The first industrial waste power generation plant in Vietnam was inaugurated and officially put into operation at the Nam Son Waste Treatment Complex in the Hanoi outlying district of Soc Son, Hanoi, on April 24.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.