Erdal Elver, new president and chief executive officer of Siemens Viet Nam, told reporters in HCMC on Thursday that Siemens had discussed with some partners about the possibility of the company’s participation in developing such projects.
The investors in talks with Siemens over the wind energy generation projects are local and foreign companies, including one from Malaysia, Elver told the Daily after the press conference.
He said Siemens wanted to provide equipment and solutions for the projects, which are now in the stage of study. “There are studies about the possibility to set up wind farms in Vietnam… Vietnam is an excellent country for such wind farms because of its long coastline.”
Elver noted the investment in wind farms was high, but wind energy was environmentally friendly. “In the future, part of energy must be generated from such a source. Many European countries have invested in wind farms.”
Because of much investment, Elver said wind energy projects would need great support of the Government. He stressed the importance of tax incentives and plans to produce a certain percentage of energy from renewable sources.
He gave an example that the governments of Germany and China were supporting and pushing the development of wind farms, and they targeted a certain percentage of energy would be generated by winds.
Elver said it was just a matter of time for Viet Nam to invest in wind farms as it helped protect the environment and create a new source of energy.
In addition to wind energy projects, Siemens is looking for opportunities to provide equipment and solutions for power plants in the pipeline in Vietnam after years of success in this market.
Siemens Viet Nam posted total revenue of 477 million euro in fiscal 2007 and 2008. Elver said the target for 2009 and the years afterward was to grow more than double of Vietnam’s gross domestic product growth and affirm the company’s position as a leading provider of solutions for the country’s major industries including energy, manufacturing and healthcare
Source: SGT
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