On the afternoon of August 28, 2024, the leadership of Quang Tri province hosted and worked with a consortium of investors, including Minh Quang Investment, Trade, and Technology Joint Stock Company, Huadian Science and Technology Group from China (Huadian Group), and China COSCO Shipping Corporation (COSCO China).
Secretary of the Quang Tri Provincial Party Committee, Le Quang Tung, hosted a courtesy meeting with the consortium of investors, including Minh Quang Investment, Trade, and Technology Joint Stock Company, Huadian Science and Technology Group, and China COSCO Shipping Corporation (COSCO).
Previously, Mr Le Quang Tung, Member of the Central Party Committee, Secretary of the Quang Tri Provincial Party Committee, and Head of the Quang Tri National Assembly Delegation, hosted a courtesy meeting with the consortium of investors. Attending the meeting were Mr Ho Dai Nam, Member of the Provincial Party Standing Committee, Head of the Provincial Party Committee's Commission for Education and Propaganda, Mr Ha Sy Dong, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, along with leaders of relevant departments, agencies, and representatives of the investor consortium.
In discussions with the investor consortium, Secretary of the Quang Tri Provincial Party Committee, Mr Le Quang Tung, expressed gratitude to the consortium for their interest in exploring investment opportunities in the new energy sector in Quang Tri. He emphasized that the investment plans of Huadian Group in Vietnam are in line with the province's planning and orientation. In the context of the growing and strengthening of the comprehensive strategic relationship between Vietnam and China, and with Vietnam continuing to welcome Chinese experts and investors, the investment of large groups such as Huadian Group and COSCO in Quang Tri would be a bright spot in the bilateral relations between the two countries.
Huadian Group is a major Chinese corporation specializing in technology, energy, and energy transition, with a total capacity of 220 MW, including 90 MW from a coal power plant, 30 MW from a gas power plant, 30 MW from a hydropower plant, and the remainder from renewable energy sources like wind and solar. In Vietnam, Huadian Group is involved in three projects in Trà Vinh, Bình Thuận, and Ho Chi Minh City, with a total investment of 2.8 billion USD.
Speaking at the meeting, Mr Liu Wei, Vice General Director of Huadian Group, stated that energy cooperation is the most practical form of collaboration between Vietnam and China, given the growing strategic partnership between the two countries.
Mr Liu Wei expressed gratitude to Quang Tri province for its support in assisting the group and its partners in project research and site surveys. The group plans to develop a project combining electricity, wind, and hydrogen energy to produce green hydrogen and methanol. Through surveys, Huadian Group has identified biomass energy in Quang Tri as promising, with the province also benefiting from its seaport advantage, which could facilitate the early implementation of the project. The investor consortium is working to finalize the pre-feasibility report and hopes that provincial leaders and relevant departments will support the process of preparing documents and conducting project studies.
Continuing his working program in Quang Tri, in the afternoon of the same day, Chairman of the Quang Tri People's Committee, Vo Van Hung, chaired a meeting with the investor consortium on the green hydrogen production project. Attending the meeting were Vice Chairman of the Provincial People's Committee, Hoang Nam, along with representatives from relevant departments and agencies.
At the meeting, Chairman Vo Van Hung emphasized that the province is focusing on researching offshore energy and renewable energy, including green hydrogen and green methanol. He requested the companies to report on the results of the surveys conducted so far and their upcoming plans.
Speaking at the meeting, Mr. Liu Wei, Vice General Director of Huadian Group, introduced the company and its investment activities in Vietnam. After conducting a field survey of My Thuy Port, he expressed his desire to receive support from the province in adding functions to My Thuy Port and collaborating on implementing solar energy activities at the port in the future.
Chairman of the Quang Tri People's Committee, Vo Van Hung, speaks at the working session.
Concluding the meeting, Chairman Vo Van Hung highly appreciated the investors for fulfilling their responsibilities in accordance with the province's and Vietnam's overall planning and strategy. To ensure the completion of the research and surveys, the Chairman assigned Quang Tri Investment, Trade and Tourism Promotion Agency to continue working with local departments and agencies to support the investors in finalizing the project. He also urged the investors to complete the reports and procedures promptly so that the province can approve the project as soon as possible.
During this working trip, the investors also surveyed the location for the green hydrogen and green methanol production plant at My Thuy Port, Cua Viet Port, and the biomass raw material supply locations.
