Dong Nai needs US$14.3 mln for underground installation of power cable system

Dong Nai Power One-Member Limited Company will perform an underground installation project of power cable system along 14 streets and three newly-built streets in Bien Hoa City, Dong Nai Province for 2021-2030 period.
Dong Nai needs US$14.3 mln for underground installation of power cable system ảnh 1

The company is implementing underground installation of medium and low voltage power distribution systems at the existing roads in Bien Hoa City. 

Accordingly, the project needs VND330 billion (US$14.3 million) investment capital. However, the company has faced difficulty in capital attraction for the implementation. As this reason, the Dong Nai Power One-Member Limited Company proposed the People’s Committee of Dong Nai Province for budget allocation or preferential loans for the project as planned.