Asia Infonet INC Company, a member of Japan’s AIN Group, has proposed to build a solar power plant at Becamex-Binh Phuoc Industrial and Urban Complex.

The proposal was made at a meeting between Asia Infonet INC’s representatives and officials of the southern province of Binh Phuoc on Thursday.

The project is expected to be built on an area of 54ha, with a capacity of 50MK.

Tsuyoshi Sai, general director of Asia Infonet INC, said the company had experience in solar energy development in Japan and had invested in many projects with a total capacity of up to 400MK.

He hoped to know about the procedures required to carry out the project as soon as possible, particularly legal procedures to connect the plant to the national grid and sell electricity at the industrial park.

Secretary of provincial Party Committee Nguyen Van Loi said he appreciated and fully supported the Japanese group’s investment in the pioneer project, which would be of great significance to the province. The province will ensure optimal conditions for granting investment license so that the project can come to fruition, he said.

He also asked relevant agencies to help the Japanese investor complete procedures in the first quarter of 2018.

Binh Phuoc Province has huge advantage to foster solar energy projects, with an average of 2,700 sunlit hours a year and the highest solar radiation in the country’s Southeast region. The province prioritises solar energy development and is inviting investment in this sector. — VNS