The agreement to this effect was signed by the Vietnamese Ministry of Industry and Trade (MoIT) and Seco in Hà Nội on May 10, in the presence of World Bank (WB) Country Director Victoria Kwakwa.
The agreement to this effect was signed by the Vietnamese Ministry of Industry and Trade (MoIT) and Seco in Hà Nội on May 10, in the presence of World Bank (WB) Country Director Victoria Kwakwa.
Illustration photo
Redp has total investment capital of US $318.3 million, with US $202.2 million financed by WB-based International Development Association, US $2.43 million from Seco and the rest coming from Việt
It aims to increase the country’s power supply resourced from renewable energies on the back of sustainable financial, environment and social backgrounds.
About 25 sub-projects of Vietnamese private businesses can gain access to Redp’s capital through local commercial banks.
Speaking at the signing ceremony, Deputy Minister of Industry and Trade Hoàng Quốc Vượng said Việt
Ambassador and Head of Seco Beatrice Maser Mallor said that the program also focuses on developing a transparent legal framework in Việt