According to the plan, the centre will be built in Vinh Trach Dong Commune and will also have offices in Tra Vinh Province's Duyen Hai District and Soc Trang Province's Vinh Chau District.
The project is expected to help ensure a sufficient electricity supply for the Mekong Delta, as well as change the economic structure of the area, promote investment in industrial projects and reduce the impact of climate change.
Last October, the Viet Nam Development Bank (VDB) signed an agreement with the Export-Import Bank of the United States (US Eximbank) to receive a loan of US$1 billion to VDB to fund the project.
In co-operation with the Mekong Delta provinces of Bac Lieu, Tra Vinh and Soc Trang, VDB and Cong Ly Ltd Co, the project's investors, had conducted initial investigations to develop the specific plans.
VietNamNews