THE GREEN INFRASTRUCTURE DEVELOPMENT ALLIANCE BETWEEN SAIGONTEL AND DONG NAI PROVINCE SIGNED A MEMORANDUM OF UNDERSTANDING ON THE GREEN GROWTH COOPERATION

Written by  - Friday, 08 September 2023

On September 8, 2023, Dong Nai People Committee organized a signing ceremony for a Memorandum of Understanding between the Green Infrastructure Development Alliance of SAIGONTEL and the Province. The memorandum of understanding pertains to cooperation in green growth for the entire province.

The ceremony was attended by representatives from Dong Nai Province - Mr. Nguyễn Hồng Lĩnh - Member of the Party Central Committee, Dong Nai Provincial Party Secretary; Mr. Ông Võ Tấn Đức - Chairman of Dong Nai People Commitee, along with leaders of Provincial departments and agencies. On the side of the Green Infrastructure Development Alliance of Saigontel, representatives included Saigon Telecommunication & Technologies Corporation (SAIGONTEL), Energy Capital Vietnam (ECV), Allotrope Partners Limited Liability Company (AP), and MAIUS Limited Liability Company..

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Representatives from Saigontel and Dong Nai Province signed a memorandum of understanding on green growth cooperation in Dong Nai Province.

During the ceremony, representatives of Saigontel and Dong Nai Province signed a memorandum of understanding on green growth cooperation in the province. According to the memorandum, Saigontel's Green Infrastructure Development Alliance and the province will research and analyze opportunities for reducing emissions in Đồng Nai Province; technologies and roadmaps for reducing greenhouse gas emissions; policy development; implement emission reduction plans to enhance competitiveness. Additionally; attracting green financing from foreign investors and multinational corporations to deploy technologies and solutions for emission reduction and improvement in various areas related to the tasks and solutions specified in Decision No. 888/QD-TTg (dated July 25, 2022) of the Prime Minister approving the Plan for implementing the results of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change.

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Member of the Party Central Committee, Provincial Party Secretary – Mr.Nguyễn Hồng Lĩnh delivered a speech at the signing ceremony.

In his speech at the signing ceremony, Mr. Nguyễn Hồng Lĩnh - Provincial Party Secretary - expressed his support for the determination of Saigontel and its partners in the Green Infrastructure Development Alliance. He mentioned that Dong Nai is a province located in the Southeast region with a large economic scale. The province covers an area of approximately 6,000 square kilometers and has a population of 3.5 million people. There are nearly 20,000 businesses operating within the province. Dong Nai is also one of the top five provinces contributing significantly to the national budget and is committed to sustainable development and the green growth goals set by the government at COP26. The province of Dong Nai fully supports the United Nations' sustainable development goals and international organizations' efforts towards green development. Additionally, the province is determined to work closely with its partners in the program to implement the COP26 commitments and hopes to achieve positive results in the near future.

During the ceremony, Mr. David Lewis, Chairman and CEO of ECV, shared the development projects to Net Zero standards that align with Dong Nai province's green growth strategy. With leading companies in carbon reduction planning, clean energy development, and green infrastructure in the United States and Europe, the Green Infrastructure Development Alliance will identify key projects, create plans for net emissions reduction, and introduce major global partners to implement the green growth initiative.

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At the ceremony, Mr. David Lewis - Chairman and CEO of Energy Capital Vietnam (ECV), shared.

Mr. Stefan Rohmer - CEO of MAIUS expressed his honor to be present at this working session. MAIUS stated that most green credit funds and financial funds from Luxembourg, Germany, and Switzerland in the field of infrastructure and logistics are eager to participate in the implementation of specific industries and projects. Additionally, the governments of these countries expressed their support for the green growth strategy and hoped to meet with provincial leaders in the near future. To attract global green investment funds, all parties need to establish a legal framework and commitments to monitor common goals.

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Mr. Stefan Rohmer - CEO of MAIUS Limited Liability Company, delivered a speech.

In addition, representatives of Allotrope Partners shared that they are currently supporting World Bank and several other organizations in implementing carbon credit projects. For Dong Nai province, Allotrope Partners will collaborate in three steps to reduce carbon emissions and achieve the set goals: (1) conduct an assessment of the current carbon emissions in Dong Nai province, (2) develop a plan and solutions to minimize emissions along with an implementation plan, and (3) execute the solutions, assess progress, and monitor results.

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