Meeting to listen to the report of the proposal of investment and construction of the Long Son Power Center Project, Phase 1

On the afternoon of May 21, Mr. Nguyen Van Tho - Chairman of the Provincial People's Committee presided over the meeting with relevant departments, agencies and branches to listen to the Investors including GENCO3-TTC-PACIFIC-PECC2-MC-GE report the proposal in implementing the Long Son Power Center Project, Phase 1.

It is known that the Investor Group named as GENCO3-TTC-PACIFIC-PECC2-MC-GE GE (referred to as the Investor Group) has 06 members including Power Generation Joint Stock Corporation 3 (GENCO3), Thanh Thanh Cong Investment Joint Stock Company (TTC), Power Engineering Consulting Joint Stock Company 2 (PECC2), Pacific Corporation Joint Stock Company (PACIFIC); Mitsubishi Corporation (Vietnam) Co., Ltd (MC) and General Electric International, Inc.  (GE)
At the meeting, the Investor Group has proposed to construct the Long Son Power Complex Project in Long Son Commune, Vung Tau City on the area of about 152ha and the water surface of about 47.5ha with a total investment capital of around 3.78 billion USD. The Project scale consist of one power plant with a total capacity of 3,600-4,500MW, one port to import LNG for the Long Son Project with a capacity of about 3.5-4.4 million tons/year. It is expected that this Project will be commenced in the Quarter IV of 2021, completed and put into operation in 2025.
According to the Investor Groups’ opinions, this Project applies the modern, clean, environmentally friendly gas turbines technology without being affected by the mechanical population increase under local development objectives. The Project implementation also contributes to generating jobs, since then improving local people’s lives and contributing to the economic development of the Province.
After listening to meeting attendees’ comments, the Chairman of People's Committee of Ba Ria - Vung Tau Province - Nguyen Van Tho expressed his supports and acknowledged the above-mentioned proposal of The Investor Group and hoped to be worked with investors in the coming time.