Tuesday, 08/05/2012 12:51

Country set to spend $4m on energy

Viet Nam is expected to save over 90,000 tonnes of oil while cutting its CO2 emissions by more than 1,200 tonnes thanks to a US$4 million project on cleaner production and energy efficiency.

The Ministry of Industry and Trade (MoIT) and the Global Environment Facility will carry out the Clean Production and Energy Efficiency Project from 2012-16, said the MoIT recently.

The project, which was approved by the ministry last year, will be implemented across all 63 provinces and cities nation-wide and include technical assistance on cutting down power use at enterprises, especially in the manufacturing, chemicals, food, beverage, paper, plastic, textiles, brick and ceramics industries. Energy service providers will also receive technical assistance under the project.

Work will also be carried out on building energy efficiency action plans for key industrial sectors, development of energy service providers, and building capacity for program management, monitoring and evaluation.

Initially, the project will focus on key industries that use a lot of energy and can benefit the most from technological upgrades

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