Bac Lieu (VNA) – A number of businesses in theMekong Delta province of Bac Lieu have registered investment in renewableenergy with a total capital of over 100 trillion VND (4.4 billion USD). 

It was unveiled during a conference on January 17 to provideinformation about the Bac Lieu Investment Promotion Conference 2018 scheduledfor January 29-30.

Speaking at the conference, Chairman of the provincialPeople’s Committee Duong Thanh Trung said it will be the first large-scaleinvestment promotion event after 20 years of the province’s re-establishment.

A series of activities during the event aim to attract investmentresources from different economic sectors and popularise the image of Bac Lieuto businesses at home and abroad, he said, adding that feedback at the eventwill help Bac Lieu seek proper solutions to socio-economic development.

Around 500 delegates at home and abroad are expected toattend the event during which construction on the third stage of 142MW Bac Lieuwind power plant, high-tech shrimp farming complex, and the largest symbol ofVietnamese shrimp will begin.

Bac Lieu has a coastline of 56km with expansive alluvialground. Wind power averages nearly 7m per second and sun hour exceeds 2,900hours per year, which is advantageous to renewable energy development.-VNA