Denmark supports energy efficiency in VN

05/12/2014 07:12

The Embassy of Denmark in Viet Nam will provide a fund worth US$6.5 million to assist Vietnamese small-and-medium sized enterprises (SMEs) in improving energy efficiency.

A framework agreement to this effect was signed between Danish Ambassador to Viet Nam John Nielsen and ANZ Viet Nam Acting CEO Phan Thi Thanh Binh in Ha Noi on December 2.

Under the agreement, ANZ Viet Nam has been appointed the sole Fund Holding Bank for the Danish Embassy's US$6.5 million energy efficiency fund.

Danish Ambassador to Viet Nam John Nielsen said Denmark aims to provide Vietnamese SMEs in the food, brick, clay and ceramics industries with assistance in installing the latest energy efficient technologies.

He hoped that Danish support would help raise local businesses awareness and bring ideas and innovations from the drawing table to private enterprises in real life.

The financing mechanism will be in effect from January 2015 to June 2017.

Source: Chinhphu.vn



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