Transport and Industry Development Investment Joint Stock Company (Tracodi)

Bamboo Capital Group proposed to approve the policy of researching and investing in renewable energy projects


STO - On December 14, Mr. Chuyen Tran Van - Chairman of People's Committee with provincial leaders had a meeting with Bamboo Capital Group to discuss the proposal for researching and investing in renewable energy projects in Soc Trang Province.

At the meeting, the representative of BCG mentioned that the company plans to research and invest in wind energy project in Ho Be Beach and solar project combined with high-tech agriculture.

Ho Be wind energy project is located in the coastal alluvial area of Vinh Chau Town with a total expected capacity of 300MW. There will be 6 wind power plants with a total investment of $ 600 million USD.

Solar energy project with high-tech agriculture has an expected area of 200 hectares in Thanh Tri District with a total investment of $ 115 million USD. Likewise, sweet potato starch processing plant and high yielding potato fields will be invested with $ 15 million USD.

At the meeting, Mr. Chuyen Tran Van also shared with BCG about investment opportunities and potential locations for the wind and solar energy projects in Soc Trang Province. Through this meeting, the Chairman of the People’s Committee requested that relevant departments should facilitate for investors to approach quickly to expedite all the potential projects.

After obtaining the approval, it is expected that the site survey will be quickly conducted by BCG. Then there will be a pre-feasibility report for People’s Committee leaders.

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