Sustainable developement

Jakarta (VNA) – The Asian Development Bank (ADB) has approved a loan worth 300 million USD to help PT Geo Dipa Energi (GDE), an Indonesian state-owned company, expand its geothermal power generation. In its May 28 announcement, ADB said that it will also manage a 35 million USD loan from the Clean Technology Fund for the project. GDE will use these loans to investing in expanding its geothermal power generation capacity by 110 megawatts in Java, the country’s largest electricity grid, through the construction and commission of two geothermal plants at Dieng in Central Java and Patuha in West Java. GDE President Director Riki Ibrahim said that the Geothermal Power Generation Project, recognized as a National Strategic Project by the government, will provide environmentally friendly base-load electricity to the Java–Bali electricity grid, reducing CO2 emissions by more than 700,000 tonnes per year. The project will build critical geothermal experience in Indonesia … [Read more...] about ADB helps Indonesia develop geothermal power

Viet Nam targeted that the total registered capital into IZs would reach VND2.7-3.2 quadrillion (US$116-138 billion) in domestic investment and $280-330 billion in FDI by 2030. Realised capital was expected at VND1.5 -2 quadrillion and $240-290 billion, respectively, according to the ministry. … [Read more...] about IZs development needs planning to attract FDI

Park Kiara, situated inside the mega township of Park City at the heart of Ha Dong District and developed by Malaysia’s top developer, Park City, is not only self-sustaining but also tailored with top-notch amenities and close to an MRT station, the BRT bus system, international schools, and AEON Mall. … [Read more...] about Billion dollar developments spur Ha Dong growth

Agreeing with Thanh on putting citizens at the forefront of building smart cities, Dang Vu Tuan, deputy director of Hanoi’s Department of Information and Communications said, “The ultimate target of smart cities is to provide people with the best services. By bringing together infrastructure and technologies, smart cities help to improve the quality of citizens’ lives and enhance their interactions with the urban environment. Hanoi wishes to create such a city.” … [Read more...] about Big expectations for Vietnam in sustainable smart city development

Sub-area 1219 in Krong Bong District, home of ancient fokienia trees, has suffered tree massacres for years. In the latest case, 19 fokienia trees were found chopped into pieces, pulled down to a nearby valley to be brought out of the forest this April. All of the trees belonged to the protection forest. … [Read more...] about Deforestation continues to rage in Vietnam