Vietnam to Spend US$15.45 Mln Providing Power for Ethnic Minorities
Vietnam plans to spent VND255 billion (US$15.45 million) on building a rural power grid system running through 12 remote districts in central highlands Dak Lak province to supply power for local ethnic minorities.
Of the total investment, VND217 billion (US$13.15 million) is sourced from the state budget while the rest of VND38 billion (US$2.3 million) will be contributed by the national electricity sector.
Once fully operational, the project is expected to benefit 32,110 local ethnic minority households who have not yet gained access to electricity so far.
Power-thirsting Vietnam is taking some drastic measures in an effort to supply electricity for all of households in the country by 2050.
The country has been carrying out Rural Energy Phase II (RE II) project worth US$329.5 million including a 40-year loan worth US$220 million from the World Bank.
RE II will benefit 1,200 communes in 30 cities and provinces across the country, which is expected to reduce the power leakage rate in rural areas to10 per cent. (News, The People)
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