RoK power investors interested in Vietnam market
Date: 4/25/2009 11:40:00 AM
Vietnam tops the list of electricity markets that the Republic of Korea (RoK) investors are interested in, a recent survey conducted by the RoK Electric Association said.
Vietnam tops the list of electricity markets that the Republic of Korea (RoK) investors are interested in.
In the list, Vietnam stands in front of the Philippines and China and many other markets, the survey added.
The RoK government has spent more than 25 billion won (about 27 million USD) to help RoK investors study investment opportunities in the field of electricity in foreign countries, including Vietnam, according to a report delivered at a seminar on power policy coordination between the RoK, Vietnam, and China, in Seul on November 21.
At present, the RoK investors are seeking information about the sector in Vietnam, Cambodia, Indonesia, and the Philippines.
At the seminar, representatives from the RoK, Vietnam, and China discussed possibilities of coordination between nations in responding to the globalisation in the electricity sector.
Representative of Vietnam’s electricity industry, the Electricity Vietnam Corporation (EVN), brief the seminar on investment chances and forms of investment in Vietnam, and the Vietnamese government’s supportive policy to foreign investors.
(Source:VNA)