Việt Nam needed to develop policies to encourage investments in waste-to-energy, also called bioenergy, which would signicantly contribute to protecting the environment, experts have said.
The HCM City People’s Committee has approved the construction of three plants to generate electricity from waste using advanced technologies, and work on them will start in September and October, according to the city Department of Natural Resources and Environment.
Power generation from waste has a short break-even period and benefits the environment and so is attractive to investors.
The HCM City Department of Natural Resources and Environment is seeking investment for waste treatment facilities to be located in Củ Chi District.
HCM City has announced several criteria for selecting bidders for waste-to-energy projects this year.
To tackle the pressing issue of waste treatment, HCM City has called for investment in waste-to-energy projects using advanced technologies.
Authorities in the Mekong Delta city of Cần Thơ on December 20 granted an investment certificate to the China Everbright International Company to build a US$47 million waste-to-energy plant.