Phu Quoc Island invests in six power works

With the total investment worth VND 3.3 trillion (USD 143.7 million), those projects are designed to ensure constant and stable electricity supply for the island’s socio-economic development.

The Southern Power Corporation of the Electricity of Vietnam (EVN SPC) is investing in building six new power works in Phu Quoc island district of the Mekong Delta province of Kien Giang.

They include two 110kV transformer stations of South Phu Quoc and North Phu Quoc, which is being built at a cost of VND 61.2 billion and VND 71 billion, respectively.

Some VND 156 billion has been spent on a 110 kV Phu Quoc switching station, while the remaining has been allocated for construction of two 110 kV power lines and a 220 kV line connecting Kien Binh commune of Kien Luong district with Phu Quoc.

Director of the SPC Project Management Board Vo Quoc Tuan said the 110kV power works are expected to become operational within this year.

Chairman of the provincial People’s Committee Pham Vu Hong has instructed Phu Quoc authorities and the SPC to step up communications to help local residents understand benefits of the power works and devise suitable compensation and land clearance plans.

Kien Giang aims to mobilize USD 9.5 billion for socio-economic development by 2020 and USD 45 billion by 2030.

The adjusted target was recently approved by the Prime Minister as part of a master plan to 2020 and towards 2030 for the province.

The province targets becoming a well-developed locality and a transportation and tourism service destination in the Mekong Delta, and a development hub of the southern key economic region.

It aims for an average Gross Regional Domestic Product (GRDP) of 7.5-8 percent per year by 2020.

Source: VNA