HBO – The Hoa Binh province branch of the Bank for Agriculture and Rural Development of Vietnam (Agribank), the Agribank branch in Son La province, and Xuan Thien Son La Limited Company have signed a credit contract for the Suoi Sap 2A Hydro-power plant project.
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The Suoi Sap 2A
Hydro-power plant project has a capacity of 49.6MW with two turbines. It is
being built by the Xuan Thien Son La Limited Company in Ta Xua and Phieng Banh communes
in Son La’s Bac Yen district.
Leaders of Agribank-Hoa Binh,
Agribank-Son La and Xuan Thien Son La Limited Company sign the credit contract
on Suoi Sap 2A Hydro-power plant project.
The total investment
of the project is 1.562 trillion VND (excluding VAT), of which 694 billion VND is
contributed by the investor, and 868 billion VND is sourced from loans from
Agribank Hoa Binh (347.2 billion VND) and Agribank Son La (520.8 billion VND).
Construction on the
project began in October 2018 and is expected to complete in August 2022. Once
operational, the project is expected to generate electricity for the national
grid, contribute to the State budget and the locality’s socio-economic
development.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
