S. Korean consortium expected to win $4.8 bn LNG power plant order in Central Vietnam

The near $5 billion LNG power project involves building an LNG power plant across a 1.2 million square meter space in Quang Tri Province along the central coast. The first phase of the project – worth 2.5 trillion won – is to build a 1,500-megawatt (MW) power plant. Total project cost is expected to reach 5.5 trillion won when including second and third phases.

100m giant Buddha statue to grace US$5 billion Chinese-led SEZ

The government believes the US$5 billion project in Vientiane will significantly boost the country’s economic growth and generate job opportunities for local people. Upon completion, the 99-year concession project will encompass a residential area, public parks and green spaces, a lake, a hospital, an education centre, restaurants, a sports complex, and a commercial centre.