In Hai Phong, a new chapter in the region’s energy landscape is underway as Vingroup, along with VinEnergo, kickstarts the construction of a significant liquefied natural gas (LNG) power plant. This ambitious project, stretching across 100 hectares and boasting a capacity of 4,800 megawatts, is set to energize the national grid by 2030, marking a pivotal step towards a cleaner and more sustainable energy future.
The plant’s utilization of LNG—a cleaner alternative to coal and oil—promises to curtail emissions, dust, and toxic gases, illustrating the ongoing transition towards sustainable energy sources. Located at the Tan Trao Industrial Park, which recently had its groundbreaking ceremony, the facility represents more than just a power source; it’s a catalyst for eco-friendly industrial development.
The Tan Trao Industrial Park itself covers 227 hectares with an investment of VND4 trillion, orchestrated by Vingroup’s property arm, Vinhomes. Over the next five years, construction is set to reshape this area into a nexus of new industries and technologies, with an aim to attract tens of thousands of skilled professionals. Amidst the hustle and bustle of construction, one might even wonder if Hai Phong will soon become the Silicon Valley of Vietnam—minus the tech giants!
During the groundbreaking ceremony, Prime Minister Pham Minh Chinh underscored the strategic importance of these projects, highlighting their potential to advance industrial growth, attract foreign investment, and boost green energy initiatives. He urged rapid progression in the development of both the power plant and industrial park, particularly focusing on attracting high-tech clients.
The Prime Minister called for accelerated procedures to enable the LNG power plant to potentially be completed a year ahead of schedule, by 2029. This calls for cooperation with foreign investors for technology transfer and a gradual mastery of the necessary tech. “Vingroup should push up progress while ensuring quality, safety, and environmental hygiene, to create numerous high-quality jobs for the people of Hai Phong,” he stated emphatically.
Nguyen Viet Quang, Vingroup’s vice chairman and CEO, echoed the Prime Minister’s sentiments by discussing the synergy between the industrial park and the power plant. He believes that this integrated development model has the potential to attract significant investments and promote sustainable growth throughout the nation.
Hai Phong is not just any city; it’s a key manufacturing hub for Vingroup’s automaker, VinFast. Since the factory’s inauguration in 2019, VinFast has been a major driver of economic growth, elevating Hai Phong’s standing among Vietnam’s top-performing localities in recent years. As these new developments unfold, the city is poised to become a beacon of innovation and economic opportunity in the region.
What is the capacity of the new LNG power plant in Hai Phong?
The LNG power plant in Hai Phong has a capacity of 4,800 megawatts and is expected to be operational by 2030.
How does the LNG power plant contribute to cleaner energy?
By using liquefied natural gas, the plant significantly reduces emissions, dust, and toxic gases compared to traditional coal and oil, aiding Vietnam’s transition to cleaner energy sources.
What strategic goals did Prime Minister Pham Minh Chinh outline for these projects?
The Prime Minister emphasized the importance of accelerating development, attracting foreign investment, and promoting high-tech industries, all while ensuring quality and creating job opportunities in Hai Phong.
