The Vietnam-Korea Business Forum, which took place in Seoul on July 1, saw the signing of a memorandum of understanding (MOU) between KoreaSK E&S, Quang Tri province, and T&T Group. This agreement was established within the framework of the forum, witnessed by Prime Minister Pham Minh Chinh and leaders of both countries. The collaboration aims to promote environmentally friendly energy solutions and sustainable development in Quang Tri province.
Under the signed agreement, the two parties will work together on projects related to carbon credits, research to establish a central LNG warehouse (LNG Hub), and support Quang Tri province in attracting investment in potential and sustainable development areas. The People’s Committee of Quang Tri province had previously issued a document agreeing to the policy for the joint venture investor T&T – SK E&S to research, survey, and prepare documents for converting the Quang Tri Thermal Power Plant project to a new LNG project.
Chairman of the People’s Committee of Quang Tri province, Vo Van Hung, has pledged to create favorable conditions for the T&T Group – SK E&S joint venture during the research and preparation process for proposed investment projects. As part of the Vietnam-Korea Business Forum, SK Group and Quang Tri Provincial People’s Committee have also signed a memorandum of understanding on cooperation regarding energy solution packages. The forum witnessed exchanges of cooperation agreements between ministries, branches, localities
