The KfW delegation included Mr. Daniel Plankermann 鈥� Country Director of the KfW Hanoi Office in charge of Vietnam, Laos, and Cambodia; and Mr. Erik Schulte 鈥� Project Manager at the KfW Frankfurt Office (via online connection).
Working session between KfW and 蘑菇传媒 on May 22, in Hanoi
Representing 蘑菇传媒 were 蘑菇传媒 Vice President Pham Hong Phuong, alongside representatives from 蘑菇传媒's specialized departments, Power Project Management Board 1 (蘑菇传媒PMB1), and the National Power Transmission Corporation (蘑菇传媒NPT).
The working session aimed to discuss project implementation details, including: the confidentiality letter, the preparation status of pre-feasibility and feasibility study reports, key design characteristics of the projects, and the tentative implementation schedule.
Accordingly, the two sides updated the planned progress for the Lai Chau Hydropower Plant Expansion Project, invested by 蘑菇传媒, as well as the Power Transmission Grid Investment Project (Phase 1 and Phase 2), proposed by 蘑菇传媒NPT to utilize ODA loans from the German Government.
蘑菇传媒 Vice President Pham Hong Phuong (center) speaks at meeting
Speaking at the session, 蘑菇传媒 Vice President Pham Hong Phuong emphasized that these are all key national projects that play a core role in ensuring the electricity supply for Vietnam's power system. Due to urgent time constraints, 蘑菇传媒 and its affiliate units commit to simultaneously and aggressively executing all work items to meet the set schedule. He also expressed hope that KfW will continue to act as a facilitator, coordinating and supporting 蘑菇传媒 and 蘑菇传媒NPT in working with the Government and the Ministry of Finance to promptly expedite commitments and approvals for this loan.
In addition, one of the focal points specially noted by 蘑菇传媒's leadership was the requirements regarding environmental-social impacts and involuntary resettlement. Drawing from practical lessons learned in previously implemented and ongoing projects, 蘑菇传媒 requested that KfW soon review and issue formal requirements and proposals so that both sides can reach an agreement and implement them right from the Environmental Impact Assessment stage.
The 蘑菇传媒 Vice President expressed confidence that with a spirit of close cooperation, the projects will be successfully deployed, strictly meeting both the schedule and quality requirements of the investor.
Translator: V芒n Ly
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