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MIInternational and Kid Group seek opportunities for Korea to develop LNG in Vietnam

June 11, 2021


MIInternational (MII) and KIND Corporation (Korea Overseas Infrastructure & Urban Development Corporation) have cooperated to find investment opportunities. for Korean companies to enter Vietnam in this field.

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In recent years, especially since the Conference of the Parties on Climate Change (COP 21), the world demand for liquefied natural gas (LNG) has increased significantly and the Government of Vietnam has also oriented to use This fuel source for electricity production has been in the immediate future since the early years of the 21st century. Therefore, Vietnam has become a bright spot in the world because of the emerging market of liquefied natural gas (LNG) imports. best in Asia.

Especially after the Politburo announced a resolution in February 2020 on strategic orientations for the development of Vietnam’s energy industry in the next decade, with a vision to 2045. This resolution focuses on rapid development. LNG gas thermal power plant and gas import and distribution infrastructure, the scale of LNG projects and LNG infrastructure is being proposed for investment.

MII-1

Illustration

In the context of the potential of the liquefied natural gas (LNG) market today, foreign investors such as the United States, Japan and especially South Korea have expressed their interest and desire to invest in the gas industry. liquefied natural gas of Vietnam in the near future.

MIInternational (MII) and KIND Corporation (Korea Overseas Infrastructure & Urban Development Corporation/Korea Overseas Infrastructure & Urban Development Corporation) cooperated together to find investment opportunities for Korean companies in Vietnam in this field. MII Company and KIND Group supported the Korean company to participate in the tender for the LNG project in Vung Tau.

With its experience and understanding, MII – KIND will be a bridge for Korean companies to easily invest in LNG in Vietnam.

Previously, MIInternational Company (MII) and IPICO attended a meeting with the Industrial Parks Management Board of Binh Thuan province to agree on the progress of the Son My industrial park project in phase 1 to soon put it into operation. motion.

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Tags: developing liquefied petroleum gas (LNG) in VietnamKid's CorporationMIInternational Co
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