Singaporean, Taiwanese investors aim to pour $20mn into 2 solar power projects in Vietnam

Such an investment will account for 35 percent of the charter capital of this company, which is the investor of the Gio Thanh 1 Solar Power Plant project in Gio Linh. Employees are seen in an office of the Gio Thanh 2 Solar Power Plant in Gio Linh District, Quang Trị Province, north-central Vietnam. Gio Thanh 1 Solar Power Plant is located in Gio Hai Commune, which belongs to Gio Linh District and borders the East Vietnam Sea, according to the Department of Industry and Trade. Also situated in Gio Hai, Gio Thanh 2 Solar Power Plant – covering 58.8 hectares – began operation at the same time as the Gio Thanh 1 plant at a cost of VND1,100 billion ($45.3 million). It has the same capacity and land lease term as Gio Thanh 1.