The authorities of Vietnam's northern Tuyen Quang province and Japan’s Erex JSC commenced the construction of the Erex Sakura Tuyen Quang biomass fuel plant today (6 March).
The ceremony marked a significant step forward for the project, which will occupy a 3.3ha site and have a total investment of over 478.8 billion VND (€18.7 million).
Once operational in 2025, it is to produce 150,000 tonnes of biomass pellets and 150,000 tonnes of wood chips per year.
Honna Hitoshi, president and representative director of Erex JSC, said the project contributes to realising Vietnam's net emission reduction policy, providing stable electricity and meeting the economic development needs of Vietnam and Tuyen Quang in particular.
Chairman of the provincial People’s Committee Nguyen Van Son urged departments and agencies to work closely with the investor to step up the plant construction.
Tuyen Quang now boasts 20 active projects involving 17 foreign investors, with a total investment exceeding 340 million USD (€312 million).
It also benefits from the support of numerous international partners, with the Japanese groups extending their involvement in 25 projects across health care, education and the environment.
Vietnam’s Tuyen Quang province breaks ground on biomass plant with Japanese partner
