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GERMANY SUPPORTS VIET NAM TO LAUNCH THE HANDBOOK ON WIND POWER INVESTMENT GUIDELINES

(00:39:04 AM 30/09/2016)

(Tinmoitruong.vn) - Ho Chi Minh City, 29/09/2016 Today, the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH in Viet Nam and General Directorate of Energy (GDE)- Ministry of Industry and Trade (MOIT) in collaboration with the USAID Private Financing Advisory Network-Asia (PFAN-Asia) co-host the Launching Event of the Handbook on Wind Power Investment Guidelines.

The workshop falls under the framework of the German Technical Development Cooperation project ”Support to the Up-scaling of Wind Power” (DKTI Wind Project) which aims to assist Vietnamese Government to develop wind power market through three major action areas i) Legal and Regulatory Framework, ii) Capacity Development, and iii) Technology Cooperation. The project with a total budget of EUR 6.900.000 (from 2014 to 2018) is commissioned by the Federal Ministry of Economic Development and Cooperation (BMZ) under the German Climate Technology Initiative (DKTI).

On behalf of the Ministry of Industry and Trade (MOIT) and its General Directorate of Energy (GDE), GIZ has been working in close cooperation with the USAID PFAN-Asia on the Handbook of Wind Power Investment Guidelines which is comprised of two volumes focusing on Project Development (Volume 1) and Project Financing (Volume 2). Aiming at providing more transparency and clarity on the different development phases of a wind project in Viet Nam from the administrative perspective under the current regulatory framework, and bringing clarity on different financing possibilities, the handbook is believed to be an useful document for all interested stakeholders who take part in the development and investment into wind power in Viet Nam.

The Launching Event of the Handbook on Wind Power Investment Guidelines targets senior officials from relevant Ministries such as Ministry of Industry and Trade, Ministry of Planning and Investment, Ministry of Finance and relevant provincial departments of Southern provinces including Department of Industry and Trade, Department of Environment and Natural Resources, Department of Planning and Investment, as well as commercial and development banks, and private sector. The aim of the workshop is to provide participants with official information on processes and permits while developing wind power project in Viet Nam as well as with financial options for wind power projects in Viet Nam. Participants have an opportunity to listen to GIZ and USAID PFAN-Asia experts’ advice as well as the best practical cases on developing an effective wind power project, attracting financing and managing project risks.

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Tags: GERMANY , SUPPORTS , VIET NAM , LAUNCH , THE HANDBOOK , WIND POWER , INVESTMENT , GUIDELINES

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