1. OFFSHORE WIND ENERGY
in Vietnam

2. Content Country and sector background Findings of energy consumption
Financial requirements and plans

3. Socio-economic indicators of development in Vietnam
*World Bank national accounts data, and OECD National Accounts data files.

4. Energy sources mix
*EIA's Country Analysis Brief on Vietnam

5. Seventh National Master Plan for Power Development
HOWEVER
1.885 households still don’t have the electricity

6. The region where the project is supposed to be implemented
Poverty caused by lack of energy

7. financial details of the project
Financial Instrument
Loan instrument
Commitment-linked IBRD flexible loan (IFL) with fixed spread and all conversion options
Currency
US Dollar
Payment period
20 years
Grace Period
8 years
The total project cost
US$90 million
The borrower contribution
US$10 million

8. Main components Labor Recruitment; Buying of Wind Turbines;
Assembly and Installation;
Related infrastructure/Grid connection;
Maintenance.

9. Responsible organizations
The Vietnam Development Bank
The Ministry of Industry and Trade
Audit firm “PwC”

10. Monitoring and evaluation of outcomes
Reported quarterly for domestic needs in Vietnamese and annually for international needs in English.
Start of publications: from the date of offshore wind plant establishment.

11. Positive impact on spheres of life
Growth of international trade with Vietnam;
Upgrading school standards;
Attraction of foreign additional capital into energy sector.
Economic and financial impact
Providing energy security;
Decreasing of unemployment rate;
Further electrification of socially significant facilities.
Social impact
Reducing CO2 and GHG emission
Environmental Impact

12. Thank you for attention