Showing posts with label Ninh Thuan. Show all posts
Showing posts with label Ninh Thuan. Show all posts

Thursday, February 24, 2011

Ninh Thuan master plan awaits PM's nod

The central province of Ninh Thuan has more than 100km of coastline. Its beautiful beaches and fertile land are the envy of the rest of the country. It is the first province to have its socio-economic master plan drafted by foreign consultancy firms. — VNA/VNS Photo Anh Ton

The central province of Ninh Thuan has more than 100km of coastline. Its beautiful beaches and fertile land are the envy of the rest of the country. It is the first province to have its socio-economic master plan drafted by foreign consultancy firms. — VNA/VNS Photo Anh Ton

HA NOI — Viet Nam's first provincial socio-economic development master plan created by two world renowned consultancy firms has been approved by leaders of central Ninh Thuan Province and is awaiting the nod from the Prime Minister.

Ninh Thuan's socio-economic development master plan to 2020 with a vision to 2030, which was developed on the basis of its nuclear industry, was presented to the Ministry of Planning and Investment in Ha Noi on Tuesday.

"This is the first province in Viet Nam to invite international consultants to construct its master plan. In the past, other provinces usually used proposals developed by domestic research institutes," said Minister of Planning and Investment Vo Hong Phuc.

The coastal province, 60km south of Cam Ranh Airport and 350km north of HCM City, would become Viet Nam's leading nuclear power centre, and needed a new orientation and vision fitting of its new status, he said.

The US$3-million master plan adopts the strategy of "accelerating economic growth" in the next 10 years with four targets: enhancing competitiveness, improving infrastructure, branding and capacity building, and boosting the competence of State agencies in the province.

The blueprint, conceived by Monitor Group from the US and Britain's ARUP, was based on a "diamond framework", a new approach in Viet Nam, to analyse what existed in the coastal central province today that would provide opportunities in the province tomorrow, said the provincial People's Committee deputy chairman, Do Huu Nghi.

The framework, developed by Professor Michael Porter from Havard Business School, was built on observations of regulations and the nature of consumer demand in the province, together with identifying the current stage of the province's development, which Monitor director Chris Malone said were "the most important sources of strength in the plan".

"At different stages of development, they need to focus on different things. So provinces like Ninh Thuan which are at an early stage of development need to focus on identifying the factors that already exist in the province and generating income from those factors, such as using the location or climate in order to generate tourism income," he said.

The province with more than half a million people decided to go for the "fast and sustainable growth" option, which consists of a 19 per cent increase in GDP per year, instead of normal growth of 13 per cent or substantial growth of 22 per cent that were also considered at the beginning.

Nghi said the decision was made after its consultants pointed out that targeted programmes and human resources training couldn't produce immediate results in the coming period.

With that model, Ninh Thuan is expected to reach GDP per capita of US$2,800 in 2020, or 85 per cent of the country's average, with industry and services accounting for 80 per cent of GDP.

The poor province, where average annual income is just over $510, would need VND260,000 billion ($13 billion) in the next ten years for such development.

A unique point about the master plan that differentiates it from others is that it outlines a number of investment projects and their implementation road maps designed to raise the capital.

"The consultants contacted potential investors while working on the master plan to ensure its feasibility," said Nghi.

ARUP's senior urban designer Slavis Poczebutas said the biggest challenge for them in the one year-long project was to achieve a balance between economic development and an "almost untouched beautiful countryside" with fertile agricultural land, WWF-preserved forests and a rich maritime ecosystem.

"The type of challenges that Ninh Thuan faces are challenges that we see all around Viet Nam. It's important how the country uses the coastal economy to create jobs and increase prosperity," said Malone.

How the province developed its economy in a way that would genuinely help the poor and cope with climate change was important at this stage of development, he said.

The consultant also said tourism and Viet Nam's first nuclear power plant, construction of which would start in 2014, would definitely be able to co-exist if there was an integrated plan in advance.

"There's more than 100km of coastline in Ninh Thuan. The tourism areas are located in the far north while the industrial zones and nuclear power plant will be located in the south," he said. — VNS

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Thursday, December 23, 2010

Ninh Thuan seeks new investor for US$9.8-billion steel project

HCMC – The central province of Ninh Thuan has said it is seeking a new investor to replace Lion-Vinashin joint venture to continue a US$9.8-billion steel mill project in Ninh Phuoc District, according to a document issued by the provincial government.

The document says the joint venture between Maju Stabil Shd of Malaysia’s Lion Group and Vietnam Shipbuilding Industry Group, or Vinashin, got an investment certificate in November 2008, but has not made a move on the Ca Na still project due to problems with financial capability and experience.

“By this time, the province has good reason to take back the investment certificate from Lion-Vinashin joint venture at any time, and we are finding another investor, particularly from foreign countries with enough experience and financial capacity, to continue the project,” said Nguyen Kim Hung, director of Ninh Thuan’s Department of Industry and Trade.          

Hung told the Daily on the phone on Tuesday that if a new investor agreed to replace Lion-Vinashin venture, the provincial government would ask the Prime Minister and the Ministry of Industry and Trade for approval to transfer the investment certificate to the new investor.          

Hung said the province wanted Posco Group from South Korea to be the new developer of the project, but Posco had not responded. “Some other large investors have also come to express their interest but no deal has been finalized,” he added.

The province has also asked the Ministry of Industry and Trade to introduce other competent, experienced and prestigious investors to get involved in the project.          

Earlier, the Government agreed to include Ca Na steel project into the nation’s master plan for steel development. Given that, Ninh Thuan set aside 1,650 hectares of land in Ninh Phuoc District for the project.          

The director of the industry department of Ninh Thuan also said the province was still working on site clearance for some 1,000 hectares of land to make room for the new investor.

Ca Na steel project has total production capacity of 4.5 million tons of steel a year, and comprises other important components such as a 700MW thermo-power plant, a 15 million tons/year seaport, a lime oven, an oxygen production factory and some other works.

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Sunday, November 7, 2010

Ninh Thuan okays US$500-mil. wind power project

HCMC – Authorities of the central province of Ninh Thuan have just agreed in principle a project by Trung Nam Investment and Construction Joint Stock Co. to develop a wind power project with total designed capacity of 200MW.

In a document signed last Friday by provincial chairman Nguyen Chi Dung, the project will be carried out on the total area of 900 hectares encompassing two villages of Loi Hai and Bac Phong in Thuan Bac District.

Nguyen Hai Yen, marketing manager of Trung Nam Investment and Construction Joint Stock Co., told the Daily on Monday that the wind power project would require total investment of US$500 million.

In a letter of commitment sent to the provincial government, the company also pledges to carry out another project manufacturing technical equipments to supply local wind power plants once its 200-MW wind power project is completed.

According to recent studies conducted by Trung Nam Company, Ninh Thuan Province has much potential for wind power with the average power velocity of some seven meters per second.     

Vietnam has now attached importance to renewable energy. In its strategic plan for renewable energy development, the country targets renewable energy to account for 5% of the total power output by 2020 and up to 11% by 2050.

The amount of renewable energy currently accounts for some 3%.

According to Vietnam Renewable Energy Center, Vietnam has the potential to generate as much as 100,000MW of wind power, with localities suitable for wind power development mostly located in coastal areas in central provinces such as Ninh Thuan and Binh Thuan.

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Ninh Thuan okays US$500-mil. wind power project

HCMC – Authorities of the central province of Ninh Thuan have just agreed in principle a project by Trung Nam Investment and Construction Joint Stock Co. to develop a wind power project with total designed capacity of 200MW.

In a document signed last Friday by provincial chairman Nguyen Chi Dung, the project will be carried out on the total area of 900 hectares encompassing two villages of Loi Hai and Bac Phong in Thuan Bac District.

Nguyen Hai Yen, marketing manager of Trung Nam Investment and Construction Joint Stock Co., told the Daily on Monday that the wind power project would require total investment of US$500 million.

In a letter of commitment sent to the provincial government, the company also pledges to carry out another project manufacturing technical equipments to supply local wind power plants once its 200-MW wind power project is completed.

According to recent studies conducted by Trung Nam Company, Ninh Thuan Province has much potential for wind power with the average power velocity of some seven meters per second.     

Vietnam has now attached importance to renewable energy. In its strategic plan for renewable energy development, the country targets renewable energy to account for 5% of the total power output by 2020 and up to 11% by 2050.

The amount of renewable energy currently accounts for some 3%.

According to Vietnam Renewable Energy Center, Vietnam has the potential to generate as much as 100,000MW of wind power, with localities suitable for wind power development mostly located in coastal areas in central provinces such as Ninh Thuan and Binh Thuan.

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Sunday, October 31, 2010

Ninh Thuan attracts FDI in ethanol production

ethanol
Photo: Reuters

The central province of Ninh Thuan has become the third locality in Vietnam that received foreign directed investment (FDI) in producing bio-ethanol.

Covering an area of 60 hectares at Phuoc Nam Industrial Park, the US$50 million manufacturing complex for ethanol, fertilizers and animal feeds of Thai-Viet Bio Ethanol Jsc is a joint venture between Thai investors, which holds 70 percent of stake and Vietnamese partners.

Set to begin construction in 2011 and go into operation by the end of 2012, the project will provide over 60 million of litres of ethanol annually for the domestic market and overseas markets such as Japan, Thailand, the Republic of Korea and the European Union.

In addition to manufacturing facilities, the company also plans to invest in material trees planting, thus generating jobs for thousands of farmers in Ninh Thuan and neighbouring provinces.

Earlier, two projects with a combined annual capacity of 220 million of litres of ethanol by Japanese investors were also licensed in the Central Highland province of Dak Lak and the southern province of Binh Phuoc.

Considered a clean fuel, bio-ethanol is likely to replace the traditional fossil fuels in the future.

Attracting FDI in using or producing clean energies for sustainable growth is also one of priorities of the Vietnamese government.

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Ninh Thuan attracts FDI in ethanol production

The central province of Ninh Thuan has become the third locality in
Vietnam that received foreign directed investment (FDI) in producing
bio-ethanol.


Covering an area of 60 hectares at Phuoc Nam Industrial Park, the 50
million USD manufacturing complex for ethanol, fertilizers and animal
feeds of Thai-Viet Bio Ethanol Jsc is a joint venture between Thai
investors, which holds 70 percent of stake and Vietnamese partners.


Set to begin construction in 2011 and go into operation by the end
of 2012, the project will provide over 60 million of litres of ethanol
annually for the domestic market and overseas markets such as Japan,
Thailand, the Republic of Korea and the European Union.


In addition to manufacturing facilities, the company also plans to invest in material trees planting, thus generating jobs
for thousands of farmers in Ninh Thuan and neighbouring provinces.


Earlier, two projects with a combined annual capacity of 220 million
of litres of ethanol by Japanese investors were also licensed in the
Central Highland province of Dak Lak and the southern province of Binh
Phuoc.


Considered a clean fuel, bio-ethanol is likely to replace the traditional fossil fuels in the future.


Attracting FDI in using or producing clean energies for sustainable
growth is also one of priorities of the Vietnamese government./.

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Thursday, October 14, 2010

Ninh Thuan licenses big FDI ethanol project

(From right) Jindaratana Twiltermsup (3rd), chairwoman of the BIO Ethanol Thai-Viet Joint Stock Company, shows the investment certificate after receiving it at a function in Ninh Thuan Province last week - Photo: Courtesy of BIO Viet Thai Company
HCMC - The central province of Ninh Thuan has licensed a US$50-million project by BIO Ethanol Thai-Viet Joint Stock Company for developing a manufacturing complex for ethanol, fertilizers and animal feeds.

Nguyen Chi Dung, chairman of the province, presented the investment certificate to Jindaratana Twiltermsup, chairwoman of the BIO Ethanol Thai-Viet Joint Stock Company, at a function in the province. This is the biggest FDI project licensed there this year.

The company is a joint venture between three Vietnamese shareholders and BIO Ethanol Thailand Co., Ltd. with the foreign partner contributing 70% of the capital.

The joint venture has plans to lease more than 60 hectares in Phuoc Nam Industrial Park in the province to develop the project, which will include an office block, a research and development (R&D) facility, and supporting areas for waste and water processing.

Responsible for the project design and construction will be EC Chemical Bio Co. Ltd., a leading contractor in design, development and training for ethanol factories and holder of American Katzen license in applying the latest ethanol technologies, according to the company in a statement.

According to plan, the company will prepare for the construction and installation of the manufacturing facilities next year to be operational at the earliest by the end of 2012 or early 2013.

The project upon completion will expectedly supply more than 60 million of litters of ethanol each year for domestic consumption and export to key markets of Europe, Japan, Thailand, and Korea among others, according to the company.

The company will also manufacture 11.3 tons of fertilizer and 39 tons of animal feeds made from wastes per day.

Besides, the firm will also grow tens of thousands of hectares of material crops for the plant. The factory, when reaching full capacity, will need a huge workforce and thus provide stable employment and livelihood for thousands of farmer households in Ninh Thuan and nearby provinces.

Produced by fermenting and distilling low-cost starch-containing cereals or plants and trees containing cellulose, ethanol is drawing the interest of many governments as a less polluting and energy saving substitute fuel.

In line with the Biological Energy Development Project by 2015 and vision by 2025 approved by the Prime Minister on November 20, 2007, projects in this field are receiving substantial support from local authorities.

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