He was speaking at an online signing ceremony of Memorandaof Understanding on cooperation in the supply of pile foundations and logisticsports for the La Gan offshore wind power project in the south central provinceof Binh Thuan.
Collaboration in projects like La Gan will contributeto expanding and enhancing cooperation between the two countries in sharinginformation, and improving the capacity of experts and employees, especially inthe offshore wind power supply chain, the ambassador said.
The La Gan wind power project, with an estimatedcapacity of nearly 3.5 GW, is being developed by Copenhagen InfrastructurePartners (CIP), Asiapetro and Novasia.
It is expected to generate electricity for over 7million households each year.
According to the BVG Associates, the project willcreate over 45,000 full-time equivalent (FTE) jobs and contribute over 4.4billion USD to the economy during the course of the project.
The total rate of locally-made components will accountfor about 45 percent of the supply chain of the project.
As the project will be carried out for many years,more opportunities will be given to Vietnamese contractors to join the supplychain.
Since the signing of a memorandum of understandingwith the provincial People’s Committee in July 2020, the project has achievedsignificant progress, including preparing for a field survey and approvingsurvey license.
With a total investment of 10 billion USD, it is alsoone of the first large-scale offshore wind power projects in Vietnam./.