Tuesday, September 12, 2023 4:27:18 PM
HyFi and its sister company WPP Energy, have executed a tri party Memorandum of Understanding with Dong Do JSC. DD JSC is an International investment promotion company formed by the Vietnam Government for projects of many state-owned companies and prestigious corporations in Vietnam. The MOU is titled “Comprehensive Cooperation of Investment and Development Strategy in Vietnam”. HyFi and WPP have been invited to create and arrange important outcomes in the developing nation of Vietnam. As such HyFi and WPP have received an exclusive initial priority project list to develop renewable energy, infrastructure and other important projects consistent with the UN’s 17 SDG’s in the following provinces:
Hà N?i
Ninh Thu?n
Ðà N?ng
Khánh Hoà
Ð?ng Nai
H? Chí Minh
Bà R?a – Vung Tàu
C?n Tho
Cà Mau
The initial project list has an expected development cost of approximately $33B
The Vietnam government recognizes the potential for a ‘green industrial revolution’ to boost domestic economic growth, employment and the people’s standard of living. Much of the equipment required for these projects will, in due course, be built in Vietnam, making the country an Asian powerhouse for renewable technology.
HyFi and WPP are mobilizing the necessary technology, and arranging for the provision and financing of equipment and services.
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