Japanese Fujiwara Searching Investment Opportunities in Binh Dinh Province and NEZ

In the morning of February 24^th 2017, Mr. Phan Cao Thang – Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee together with representatives of the assistant agencies, consisting of Binh Dinh Economic Zone Authority (BEZA) and the departments such as Foreign Affair, Investment and Planning, Natural Resources and Environment, Industry & Trade, and the related others welcomed and worked with Japanese Fujiwara Company.

 At the meeting, Mr. Phan Cao Thang and the others related from Binh Dinh Province were introduced about the modernest technology of solar power generating systems which has been successfully applied by Fujiwara in Japan and some other nations. The advantages of this technology is to make huge electric solar power in a narrow area. They can install solar panels on a tea plantation and do it in the later years so that this method help the farmers get double-income, one from cultivation and another by selling of electric power. This kind of technology has been increasingly expanded in Japan where there are the world’s leading earthquakes and natural disasters of typhoon occur every year. Therefore, when constructing structures, Fujiwara set up strict standards to rarely provide to the customers all over the world. However, at the meeting, Fujiwara leaders want to invest a project of solar power generating system in an area from 10 hectares to 100 hectares, locating near the substation of Vietnam Electricity (EVN).

Then the leaders of BEZA and Industry & Trade Department shared some information on existing renewable energy projects in Binh Dinh Province. At the moment, there are 08 investors on 04 locations in Phu Cat District and Phu My District. In Phuong Mai Peninsula, there is an area of about 1,000 hectares on mountain slopes with the height of  250 meters from sea level where can be carried out the project of solar power generator. And at the present, the national electric power system can be connected easily to the location in NEZ. Fujiwara leadership members were very interested in the given information and kindly request Binh Dinh Provincial Leaders to survey the locations and to give the best condition in quick investment procedure processing.

Mr. Phan Cao Thang, Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee highly appreciated the ideas on investing to Binh Dinh Province from Fujiwara Company with the Advanced Project of Solar Power Generator which  Vietnamese Government especially and preferentially prefer. In Binh Dinh Province, there are some investors from Germany, Spain, Thailand and Korea who have registered on generating renewable energy source. The Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee kindly requested Fujiwara Company to apply the above advanced technology and should think of one project that generate both wind power and solar power  in the same area. The provincial departments would go together with the investor on site survey for choosing suitable places. In case of investing agreement, Binh Dinh Province would hand over the investment certificate within one day, just like Japanese Marubeni Lumber’s Project in NEZ. Fujiwara Leaders highly appreciated the attention from Binh Dinh Provincial Leaders. Also in the afternoon of the same day, Fujiwara Company had a survey on Phuong Mai Peninsula in NEZ.