An investment policy for the power transmission project, with a total investment capital of about 440 billion VND in the Dung Quat Economic Zone, has been approved.

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On February 28, 2025, the Chairman of the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA) issued Decision No. 41/QD-BQL approving the investment policy and accepting the investor of the Dung Quat 2 220kV Substation and connecting line project. The project investor is the National Power Transmission Corporation (EVNNPT).

The Dung Quat 2 220kV Substation Project has a 500MVA capacity (250MVA will be installed during this phase). The Dung Quat - Dung Quat 2 220kV Transmission Line is approximately 2.7 kilometers long. The Dung Quat 2 220kV Substation was erected in Binh Dong Commune, Binh Son District, Quang Ngai Province. The Dung Quat-Dung Quat 2 220kV Transmission Line connects Binh Dong, Binh Tri, and Binh Thuan communes, Binh Son District, and Quang Ngai Province. The project's overall investment is more than 438 billion VND. Land area used: around 5.5 hectares. The project is projected to be operational by the fourth quarter of 2026, following investment and construction implementation.

Once built and operational, the project would provide consistent and high-quality energy to Quang Ngai province's load development demands, particularly the Hoa Phat Dung Quat 2 Iron and Steel Production Complex.

DEZA is in charge of presiding over and collaborating with relevant agencies, branches, and the Binh Son district People's Committee to monitor, supervise, and guide investors as they carry out project-related legal procedures. Coordinate with appropriate units and guide investors in implementing tax incentives and related policies in accordance with current legislation; coordinate to resolve issues that arise throughout the project's organization and implementation processes.

Departments, branches, and localities are responsible for supporting and guiding investors in the implementation of land allocation and land lease to implement the project, as well as ensuring compliance with the planning and land use plan after it has been approved by competent authorities in accordance with the provisions of the land law. Providing support and guidance to investors in completing environmental, fire prevention, and fighting processes. Supervising investors as they undertake investment, construction, and project operations in compliance with existing legal provisions.

The National Power Transmission Corporation is in charge of constructing according to the design, ensuring the safety corridor of power lines and transformer stations in accordance with regulations, approving the clearance height, labor safety, and other relevant regulations during the project's implementation, construction, and operation phases.

The investor is responsible for implementing the investment project according to regulations. During the project implementation, the investor shall coordinate well with localities in compensation and site clearance work to ensure compliance with the provisions of law. Coordinate closely with the Department of Industry and Trade, local authorities, and relevant departments and branches to implement the project in accordance with local planning. They are also in charge of assigning adequate equity and loan money to assure project completion on time, as well as the information and data supplied in the project dossier and project investment efficiency in accordance with applicable laws. Organize, implement, and manage the project in accordance with the legislation.

At the same time, the investor is responsible for coordinating with the provincial police, the Provincial Military Command, the Quang Ngai Provincial Border Guard Command, and other relevant agencies to ensure national defense and security throughout the project's investment, construction, and operation, as well as ensuring economic development associated with national defense and security.

T.GIANG