EU supports sustainable energy development in Vietnam

Tuesday, 2018-02-27 09:49:07
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European Commission Director-General of International Cooperation and Development Stefano Manservisi speaks at the ceremony. (Photo courtesy of the EU Delegation in Vietnam)
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NDO – The EU-Vietnam Energy Facility was officially launched by the European Commission and the Ministry of Industry and Trade in Hanoi on February 27.

It is a technical assistance facility in support of the implementation of the European Union's (EU) Energy Sector Policy Support Programme and is worth EUR108 million.

The programme aims to enhance the access to sustainable energy in rural areas in Vietnam and contribute to a more sustainable energy sector by promoting efficient, clean and renewable energy for all citizens.

The EU-Vietnam Energy Facility, co-financed by the EU and the German Federal Ministry for Economic Cooperation and Development-BMZ, under the framework of Phase II of the Renewable Energy and Energy Efficiency Project, will be operated by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in close cooperation with the Ministry of Industry and Trade.

At the launch, European Commission Director-General of International Cooperation and Development Stefano Manservisi said that the programme will not only support the Government of Vietnam to achieve its objective in the 2013 – 2020 programme on providing an electricity supply to rural, mountainous and island areas and delivering reliable and sustainable electricity access to up to 1, 200,000 households in rural areas, but will also enhance the governance of the energy sector to facilitate the shift to a more sustainable energy development path in Vietnam.

According to Minister of Industry and Trade Tran Tuan Anh, over the past few years, the energy sector in Vietnam has been developed rapidly and sustainably and this development is a key factor in maintaining the high socio-economic growth in the country.

The Government of Vietnam is committed to its socio-economic development and ensuring the provision of power to the whole country, including in remote areas where 2% of the population still do not have access to electricity, he noted.