On the afternoon of April
10th, Khanh Hoa provincial People's Committee and the Trung Nam - Sideros River
Joint Venture held a signing ceremony for the investment business contract for
the Ca Na LNG Thermal Power Plant Project and the credit agreement for Phase 1
of the Ca Na Port Area Project. Attending the ceremony were: Mr. Nguyen Hoang
Long - Deputy Minister of Industry and Trade; Mr. Lu Thanh Hai - Member of the
Standing Committee of the Provincial Party Committee, Permanent Vice Chairman
of the Provincial People's Council; Mr. Luong Duc Hai - Member of the Standing
Committee of the Provincial Party Committee, Head of the Provincial Party
Committee's Organization Department; Mr. Vo Hoan Hai - Member of the Standing
Committee of the Provincial Party Committee, Head of the Provincial Party
Committee's Propaganda and Mass Mobilization Department; Mr. Trinh Minh Hoang -
Vice Chairman of the Provincial People's Committee; members of the Standing
Committee of the Provincial Party Committee; and representatives from
businesses and investors.
Vice Chairman of the Provincial People's
Committee Trinh Minh Hoang made a speech at the ceremony.
Representatives of Khanh Hoa province and
the investor of the Ca Na LNG Thermal Power Plant project
signed the contract.
The Ca Na LNG Thermal
Power Plant project is planned on a total area of 139.76 hectares (including
28.06 hectares of land and 111.70 hectares of water), with the goal of being
operational in 2030. The focus of the project is a 1,500 MW combined-cycle gas
turbine thermal power plant using LNG, expected to contribute 9 billion
kWh/year to the national power grid. Infrastructure serving the project
includes: a regasification terminal with a capacity of 1 to 1.2 million tons of
LNG/year; a 220,000 m³ storage tank; an LNG import terminal; a 2,400 m long
eastern breakwater; and other supporting technical items. The total estimated
cost of the project is 57,385 billion Dong.
The Ca Na LNG Thermal
Power Plant Project is the first LNG project to win a tender through international
bidding under the Power Development Plan VIII, aligning with the development
orientation of energy supply and infrastructure, contributing to ensuring
national energy security and achieving growth targets as outlined in Resolution
No. 70-NQ/TW dated August 20, 2025, of the Politburo.
Agreement signing ceremony for the Ca Na LNG
Thermal Power Plant Project.
Representatives of Ca Na General Port and
the Vietnam Development Bank signing a credit agreement with a maximum capital
of 3,000 billion Dong.
Speaking at the ceremony,
Vice Chairman of the Provincial People's Committee Trinh Minh Hoang affirmed
that the signing ceremony is an important step in concretizing Resolution No.
01-NQ/TU of the Khanh Hoa Provincial Party Committee on double-digit economic
growth and realizing the goal of becoming a centrally-governed city in
accordance with Resolution No. 09-NQ/TW of the Politburo. The Ca Na LNG Thermal
Power Plant project is a key national project in the energy sector. The project's
operation will not only provide a stable power source for the South Central and
Central Highlands regions, ensuring national energy security, but also create a
huge impetus for the Industrial - Port - Energy complex in the southern part of
the province. At the same time, the project will make a significant
contribution to the provincial budget; create thousands of jobs; and promote
the shift in economic structure towards a modern, green, and sustainable
direction.
The
Vice Chairman of the Provincial People's Committee requested that the Trung Nam
- Sideros River Joint Venture investor recognize this as a commitment to
credibility and responsibility; promptly complete the investment preparation
procedures; organize the project implementation in a professional and
systematic manner; and fulfill the commitments and schedule as planned. In
addition, the investor must strictly comply with Vietnamese laws and
regulations, ensuring the quality of the construction and meeting all safety
and environmental protection requirements.
Mr. Trinh Minh Hoang also
assigned the Department of Industry and Trade as the focal agency to closely
monitor the project's progress, promptly report to the Provincial People's
Committee to resolve any obstacles arising during the construction and
operation of the project; the Department of Finance to focus on supporting the
investor in carrying out investment incentive procedures, capital disbursement,
and monitoring the project's operational progress; and the Department of
Agriculture and Environment chair and coordinate with relevant agencies and
units to quickly implement procedures for land allocation, land leasing, and
allocation of sea areas in accordance with the law. The Party Committee and the
government of Ca Na commune must also clearly identify this as a key political
task, requiring focused, decisive, and coordinated leadership and direction
with the highest sense of responsibility; effectively implement the principle
of "the people know, the people discuss, the people do, the people
inspect," ensuring transparency and compliance with the law on land,
compensation, support, and resettlement; and strengthen propaganda and
mobilization efforts to create consensus among the people...
Leaders of Trung Nam Group speaking at the
ceremony.
Representatives of the General Contractor
for Design, Equipment Supply and Construction commit to the progress and
quality of the project.
At the ceremony, Ca Na
General Port and the Vietnam Development Bank (VDB) signed a credit agreement
for Phase 1 of the Ca Na Port Area Project with a maximum mobilized capital of
3,000 billion Dong, committing to disburse funds before June 30, 2027.
News and photo: Thanh Thanh