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EVN, Siemens ink energy MoU

Nov 24th at 17:06
24-11-2012 17:06:16+07:00

EVN, Siemens ink energy MoU

Electricity of Viet Nam (EVN) and German engineering giant Siemens signed a memorandum of understanding (MoU) in Ha Noi on Thursday to promote co-operation in the energy sector over the next five years.

Under the terms of the MoU, EVN and Siemens would exchange information, experience and technical training as well as search for financial resources for electrical projects.

At the signing ceremony, Siemens Viet Nam general director Pham Thai Lai said Viet Nam was one of countries in the region with the most rapid growth and most rapidly increasing power demand, and the energy sector was striving to meet that demand while dealing with electricity shortages in the immediate term.

Siemens would co-operate with EVN to implement the national electrical development plan, enabling Viet Nam to become a fully-industrialised nation by 2020. Siemens would also provide advanced products and technologies, help train and develop human resources, and support EVN to access to financing.

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