Offshore wind power: A new development driver for construction contractors in Vietnam
• Offshore wind power is becoming a new global energy trend, with the Asia-Pacific region forecasted to lead the offshore wind power industry, with an estimated capacity of approximately 172 GW by 2030.• There are many opportunities for PVS to venture into the offshore wind power construction sector as the competition among contractors in the region remains limited, thanks to the proven experience and capabilities from previous offshore wind projects such as Formosa, Greater Changhua 2b & 4, and Fengmiao (Taiwan).
• The project to export offshore wind power to Singapore is expected to open up significant economic prospects, helping Vietnamese enterprises seize development opportunities and gain substantial economic benefits.
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