A credit contract worth VND500 billion for Vinh Son hydroelectric project 5 was signed in Quy Nhon city on July 10 by Vinh Son Investment Joint Stock Company and three branches of Bank for Investment and Development of Vietnam in Binh Dinh, Cau Giay district (Ha Noi), and Ninh Thuan.
Vinh Son JSC will invest over VND700 billion in building the hydroelectric plant in Vinh Kim commune, Vinh Thanh district.
The plant has the design capacity of 28 MW, generating an annual output of 120 million KWH.
The construction is expected to finish by late 2012.
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