During the session, both parties discussed potential areas of cooperation and investment, particularly in transmission infrastructure, offshore wind power, battery energy storage systems (BESS), and other emerging EVN projects.

Vietnam Electricity (left) meets with International Finance Corporation delegation.

Ms. Katherine Koh expressed hope that this meeting would pave the way for a long-lasting, sustainable partnership between IFC and EVN in the near future.

As a global development organization, IFC is dedicated to supporting the private sector in emerging markets. Alongside investing in private enterprises, IFC also assists key state-owned enterprises that play a significant role in their respective economies, especially in infrastructure, following market principles.

Ms. Katherine Koh (second from left) shares perspectives on potential cooperative projects for future.

Ms. Koh stated that IFC provides not only financial investments but also extensive experience in consulting and technical assistance for businesses. IFC is eager to partner with EVN to support future project development.

EVN Vice President Nguyen Xuan Nam (center, front row) shares insights on Vietnam’s electricity market and sector’s development trend in coming years.

Mr. Nguyen Xuan Nam welcomed the IFC delegation to EVN, acknowledging the value of projects IFC has implemented in other countries. EVN looks forward to IFC’s support not only in terms of financial resources but also in policy consulting, technical assistance, experience sharing, and strategic vision to help EVN realize its development objectives.

EVN’s leadership further emphasized the group’s significant investment needs in power generation and grid infrastructure. EVN will carefully consider appropriate aspects of IFC’s financial proposals to implement in the coming period.

Translator: Hoàng Duy Khánh