New wind energy project in Vietnam

The La Gan offshore wind power project in Binh Thuan province of Central Vietnam will supply electricity to more than seven million households each year, once the installation of a system with 3.5 gigawatts (GW) of capacity is completed.

It is the construction of the wind power plant promoted by the Danish group Copenhagen Infrastructure Partners (CIP) and its partners from Asiapetro and Novasia in the maritime area of ??the aforementioned province

According to a study by international experts from BVG Associates, the project will bring great benefits, including the creation of more than 45,000 jobs and a contribution of $ 4.4 billion to the Vietnamese economy once it is operational.

The economic benefits of the project come mainly from the use of national supply chains to develop the wind energy works, design and build the infrastructures, in addition to developing the installation, operation and maintenance services.

As planned, this project will be developed over a long period, thus creating more opportunities for Vietnamese contractors to become more involved in the supply chain in the coming years.

Starting with the signing of a memorandum of understanding between the Binh Thuan Province People’s Committee, companies and partners in July 2020, the La Gan wind energy project is actively promoted.

With an estimated investment of 10 billion dollars and a capacity of 3.5 GW, this work constitutes one of the first large-scale offshore wind energy projects in Vietnam.