Developing criteria to attract energy investors

On December 1, Trinh Minh Hoang, Vice-Chairman of Khanh Hoa Provincial People's Committee had a meeting with the Provincial Department of Industry and Trade and related departments and sectors regarding the development of a set of criteria for selecting investors to implement energy projects in the province.

At the meeting, the Provincial Department of Industry and Trade’s leadership presented a draft of the criteria set, including key criteria such as compliance with legal regulations, environmental and social criteria, construction solutions, technological capacity, legal capacity, minimum financial capability requirements, and contribution to the budget and social welfare. 

Concluding the meeting, Trinh Minh Hoang emphasized that from now until 2030, energy and industry are two crucial pillars in the province's development, contributing to the achievement of the double-digit growth target. Therefore, accelerating investment attraction in energy sector is extremely necessary. According to Power Plan VIII, Khanh Hoa has approximately 30 projects scheduled for implementation, making it essential to promptly issue a specific set of criteria to select capable investors and ensure timely implementation once the projects are approved. Trinh Minh Hoang directed the Provincial Department of Industry and Trade to refine the draft basing on the opinions of the attendees and submit it to the Provincial People's Committee. 

NHAT MINH 
Translated by H.N