On July 8, comrade Pham Duc An – Deputy Secretary of the Provincial Party Committee and Chairman of the People's Committee of Quang Ninh province chaired a meeting with investor representatives to listen to a report on investment ideas for the circular economic complex Green energy GH2 at Hai Ha Industrial Park.

At the meeting, representatives of THDV Green Development Investment Consulting Joint Stock Company presented ideas and investment plans for the GH2 green energy circular economy project, with a total expected capital of about 5 billion USD.

The project includes three main components: GH2 green energy complex with a scale of 713 hectares, including 5 GH2 modules and 24 domestic production plants; Angus beef farming center is 65 hectares wide with a farm system and biomass processing plant purchased from farmers animal feed processing plant and compost factory. In particular, waste from livestock will be reused as input material for electricity production of the GH2 complex. In addition, the company also wants to invest in an agricultural and forestry raw material area of about 70,000 hectares, providing biomass to serve a closed production chain.

The project aims to form a circular renewable energy production chain, including biomass electricity, renewable electricity, and liquefied petroleum gas fuel production (green hydrogen and green oxygen) through water electrolysis technology.

The energy generated from this chain will be used directly for industrial production and large-scale beef cattle farming. Besides economic value, the project also expects to create jobs, improve people's income and actively contribute to the economic and social development of Quang Ninh province.

Speaking at the direction, Chairman of Pham Duc An Provincial People's Committee noted and appreciated the innovative and groundbreaking investment initiative proposed by investors. He affirmed: “Green energy is a global trend, both economical and environmentally friendly. Quang Ninh with the advantage of large area, favorable natural conditions, has a lot of potential to develop this field".

He asked relevant departments, branches and localities to coordinate closely with investors to review and concretize the proposal; Clearly analyze the current status and land use structure in planning, ensuring the feasibility and effectiveness of each component; at the same time, evaluate investors' financial skills and implementation experience before moving on to the next steps.

According to the introduction, THDV Green Development Investment Consulting Joint Stock Company was established in 2020, operating in the field of investment consulting, implementing the – green circular economy model to effectively exploit available resources and Make the most of added value from agricultural by-products.

Currently, THDV is researching and testing two agricultural complexes integrating renewable energy in Vietnam, AGINE and GREENDEVI.

In addition to investment activities, THDV also aims to become a policy advisory unit for circular economic development for provinces such as Hau Giang, the Mekong Delta region, and authorities through the Institute Mekong Research CESDI.

The Investor's representative presented the investment idea of the GH2 green energy circular economic complex.

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