Powerway to build $50 million energy plant in Bac Giang

Aug 28th at 13:35
28-08-2013 13:35:38+07:00

Powerway to build $50 million energy plant in Bac Giang

Chinese Powerway Group plans to spend US$50 million on a solar powered battery factory in the northern province of Bac Giang, said the provincial Industrial Zones Management Board recently.

Accordingly, Powerway would set up a company in Viet Nam to develop the project spanning about 70,000 square metres in Song Khe – Noi Hoang IZ. The plant is expected to employ about 700 people.

If approved, investors expect to complete the project in 18 months.

vietnamnews



NEWS SAME CATEGORY

Industrial production slows to 4.4% in August

Viet Nam's index of industrial production (IIP) in August increased by only 4.4 compared to last year, much lower than the 7 per cent rise of last month, the...

Ha Noi's key industries still firing

Enterprises making key industrial products in Ha Noi expect to achieve their development targets by 2015. The targets were set under the Ha Noi development plan for...

$180m ship-building plan nears fruition

Deputy PM Hoang Trung Hai has agreed in principle to include a shipbuilding facility in Khanh Hoa Province in the country's masterplan for the industry.

Prospects dim for VN electronics

Viet Nam's mechanical electronics industry was lagging behind other countries due to a lack of facilities and well-qualified engineers, leading industry experts...

Thai Binh power plan gets credit

The Viet Nam National Oil and Gas Group (PetroVietnam) and its Japanese partners signed an export credit agreement worth US$141 million in Ha Noi on Thursday.

Thais invest in thermal power plant

The Thai electricity firm Egati will invest in a 1,200MW thermal power plant worth about US$2.26 billion in the central province of Quang Tri.

Four industries face reforms

Four major industries are seeing a slowdown in HCM City and restructuring them has become more essential than ever, experts said.

Major national power projects still in limbo

Deputy Prime Minister Hoang Trung Hai has urged the northern provinces of Son La, Dien Bien and Lai Chau to speed up land clearances and the resettlement of local...

Metal factory green lit in Quang Ngai

The People's Committee of central Quang Ngai Province has given nod to Huong Hai Group Co Ltd to set up a rare metals factory in Ba To District, the Ministry of...

Land handed over for delayed Long Son petrochemical complex

The People's Committee of southern Ba Ria-Vung Tau Province has handed over 400ha of land to the Long Son petrochemical complex project, which has an investment of...


MOST READ


Back To Top