Agribank Hoa Binh signs credit contract on 49.6MW hydro-power plant project

3/21/2019 - 10:32:46 AM

HBO – The Hoa Binh province branch of the Bank for Agriculture and Rural Development of Vietnam (Agribank), the Agribank branch in Son La province, and Xuan Thien Son La Limited Company have signed a credit contract for the Suoi Sap 2A Hydro-power plant project.

The Suoi Sap 2A Hydro-power plant project has a capacity of 49.6MW with two turbines. It is being built by the Xuan Thien Son La Limited Company in Ta Xua and Phieng Banh communes in Son La’s Bac Yen district.

Leaders of Agribank-Hoa Binh, Agribank-Son La and Xuan Thien Son La Limited Company sign the credit contract on Suoi Sap 2A Hydro-power plant project.

The total investment of the project is 1.562 trillion VND (excluding VAT), of which 694 billion VND is contributed by the investor, and 868 billion VND is sourced from loans from Agribank Hoa Binh (347.2 billion VND) and Agribank Son La (520.8 billion VND).

Construction on the project began in October 2018 and is expected to complete in August 2022. Once operational, the project is expected to generate electricity for the national grid, contribute to the State budget and the locality’s socio-economic development.

Several communes in Lac Thuy district struggle to promote OCOP products

In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.

Maintaining the Lac Thuy chicken brand

Lac Thuy district develops indigenous tea trees

Measures sought to improve PCI’s informal component indexes

The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).

Hoa Binh works to enhance investment climate: Responsibility, action enable Kim Boi to welcome billion-dollar projects

Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.

Nhuan Trach industrial park accelerates construction to welcome investors

Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.