SIGNING CEREMONY OF THE CREDIT AGREEMENT FOR THE HUONG PHUNG HYDROPOWER PROJECT

10/11/2025 12:11

On November 4, 2025, in Hanoi, the Vietnam Development Bank (VDB) - Dak Lak Branch held a signing ceremony of the credit agreement to finance the Huong Phung Hydropower project with Quang Tri Energy Joint Stock Company.

Attending and witnessing the signing ceremony were leaders from both parties.
Located in Quang Tri province, the Huong Phung Hydropower project has a total investment of VND 715 billion, of which VND 495 billion is financed from the investment credit fund of VDB. The project, with an installed capacity of 18 MW, is a key energy project that contributes to the development of clean power sources, optimizes the utilization of local hydropower potential, ensures national energy security, and promotes socio-economic growth in the central region.
VDB’s financial support for the Huong Phung Hydropower project demonstrates the strong commitment of the policy bank to accompany enterprises in renewable energy investment, in line with the Government’s orientation towards green and sustainable development./.
 



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