Produced｜Sohu Finance

Author｜Wu Ya

On June 21, Jiakai City Group Co., Ltd. (000918.SZ, referred to as “Kakai City”) announced that in order to solve the problem of horizontal competition with listed companies, the controlling shareholder Guangzhou Kailong Real Estate Co., Ltd. (abbreviated as “Kay City”) announced that “Long Real Estate”) intends to transfer 29.90% of the company it holds to Shenzhen Huajian Holdings Co., Ltd. (referred to as “Huajian Holdings”).

According to the announcement, Kailong Real Estate’s shareholding in Kakai City will be reduced to 27.85% after the transfer of the aforementioned equity, and will voluntarily waive the voting rights of the above shares. At this point, Kailong Land will no longer be the direct controlling shareholder of Kakai City.

Earlier, Jiakai City announced that the company intends to plan a change of control. Trading of the company’s shares will be temporarily suspended from the opening of the market on June 21. Trading will resume after the company discloses relevant announcements through designated media. At the time of the announcement, Jiakai City’s share price For 4.65 yuan / share, the total market value is about 8.389 billion yuan.

The story of Kailong Real Estate and Kakai City began in 2017. At that time, in order to solve the problem of competition in the industry, Evergrande Real Estate (acquired 52.78% of Kakai City shares in 2016 for 3.6 billion yuan) transferred its shares in Kakai City To Kailong Real Estate, Kailong Real Estate became the controlling shareholder of Kakai City. According to the company’s AP, Kailong Real Estate currently controls Evergrande Real Estate with a shareholding ratio of 59.42%.

After Jiakai City was acquired by Evergrande Real Estate, it embarked on a road of transformation. Among them, “de-real estate” to cooperate with Evergrande Real Estate to solve the problem of “competition in the same industry” has become the primary task of Jiakai City for a long time. Since then, the sale of equity and asset packages has become the norm in Kakai City, with a total amount of over 11 billion yuan. However, the problem of horizontal competition between the two parties has not been resolved smoothly. In July 2019, Kakai City also announced that it would postpone the resolution of horizontal competition with Evergrande Real Estate before August 1, 2021.

The commitment period is approaching. As the direct controlling shareholder of Kakai City, Kailong Real Estate transferred some of its shares. An insider of Evergrande Real Estate told Sohu Finance that “the major shareholder transferred out the relevant shares to become a non-controlling shareholder. The signed agreement on resolving horizontal competition is beneficial and can solve the problem of horizontal competition among listed companies.”

“Transfer of shares and waive voting rights has nothing to do with the company’s capital issues”

According to the announcement, in this equity transfer, Kailong Real Estate intends to transfer its 57.7% equity in Kakai City and transfer 29.9% of it; after the transfer is completed, Kailong Real Estate’s shareholding in Kakai City will be reduced to 27.8%, no longer the direct controlling shareholder of Jiakai City, and will voluntarily waive the voting rights of the above shares.

The acquirer is Shenzhen Huajian Holdings, which is mainly engaged in equity investment business, and the actual controller is Wang Zhongming. Among them, Huajian Holdings is the holding company of Shenzhen Cuilin Investment Holding Group Co., Ltd., and Cuilin Investment has had a lot of intersection with Evergrande before.

According to the data combed by Zongheng Plus, starting from the end of December 2016, Evergrande has introduced 3 rounds of battles for Shenzhen Real Estate in less than a year. There are a total of 24 strategic investment companies with a total amount of 130 billion yuan, which is the largest financing scale in the real estate industry. Among them, there is Huajian Holdings, with an investment of 5 billion yuan.

In September 2016, Evergrande Group issued an announcement on the Hong Kong Stock Exchange to sell “non-main business of grain, oil, dairy products and mineral water” for a total consideration of approximately 2.7 billion yuan. 600 million yuan was sold to Shenzhen Lailai Industrial Co., Ltd.; Dairy Group Company sold to Shenzhen Mingsheng Torino Trading Co., Ltd. and Sunlight Property Management Limited for 300 million yuan; the total consideration of Mineral Water Group Company was 1.8 billion yuan, and the buyer was Shenzhen Sunway Turing Automobile Sales Service Co., Ltd. and Lipu (HongKong) Limited.

Inquiring into the national corporate credit information publicity system, we can find that the three companies that took over this time are related to the same company, Cuilin Real Estate; and Cuilin Real Estate is related to Cuilin Investment.

For example, Wang Haijiao, the legal representative of Shenzhen Lailai Industrial Co., Ltd., is also a director of Cuilin Real Estate; Shenzhen Sunway Turing Auto Sales Service is one of the legal shareholders of Cuilin Real Estate Investor Shenzhen Judan Industrial Development Co., Ltd. 1. Wang Weimin, the legal representative of Shenzhen Mingsheng Turing Trading Co., Ltd. who took over the dairy products, is also a director of Shenzhen Kaifeng Commercial Construction Investment Co., Ltd., a subsidiary of Cuilin Real Estate.

According to the enterprise search app, Cuilin Real Estate is 100% owned by Shenzhen Judan Industrial Development, and after the equity penetration, it is wholly-owned by Cuilin Investment Holdings. The legal representative of Cuilin Investment is Wang Zhongxin.

At that time, some media questioned that Evergrande’s move was playing a left-handed-to-right-hand trick, saying that Evergrande’s mineral water, grain and oil business had been sold to “owners.” According to the Enterprise Check App, Wang Zhongxin is also the current legal person of Evergrande Agriculture and Animal Husbandry Group Yichang Co., Ltd.

Jiakaicheng said that matters related to this transaction still need to pass the review of the concentration of operators by the State Administration for Market Regulation. In view of the uncertainties in the matter, in order to ensure fair information disclosure and safeguard the interests of investors. Since the market opened on June 21, trading of the company’s stocks is expected to be suspended for no more than 5 trading days.

The timing of the transfer of part of the equity held by Jiakaicheng’s controlling shareholders is also more subtle.

According to the data, Jiakai City was formerly known as Yahua Seed Industry (formerly renamed Yahua Holdings). In 2009, Jiakai City was led by Zheshang Group and injected many real estate companies such as International Jiaye, Zhongkai Group, Mingcheng Group, etc. , And sold *ST Yahua’s original agricultural assets to repay part of the debt, thus realizing a backdoor listing.

But only seven years later, in 2016 Kakai City ushered in the second major asset reorganization. At that time, Evergrande Real Estate acquired a 52.78% stake in Jiakai City for 3.6 billion yuan, and thus became the controlling shareholder of Jiakai City.

At that time, Evergrande Real Estate stated in related announcements that by acquiring 52.78% of Jiakai City, it can enrich its own land reserve resources and further increase the proportion of projects in first- and second-tier cities. “The company will have a domestic capital market A-share listing platform. , And through the strategic integration of the two parties, it will further enhance the company’s continued profitability.”

At the time of the acquisition, there was a certain degree of horizontal competition in real estate business between Jiakai City and Evergrande Real Estate and its actual controllers. Therefore, in order to solve the problem of horizontal competition, in February 2017, Evergrande Real Estate The 52.78% shares in Jiakai City were transferred to Kailong Real Estate at a total price of RMB 6.53 per share and a total price of RMB 6.2 billion.

Through this transfer, Kailong Real Estate directly holds 52.78% of the shares of Jiakai City and is the direct controlling shareholder of Jiakai City; this is also an equity transfer between different entities controlled by the same actual controller, combined with the 2016 Evergrande Judging from the cost price of the 3.6 billion yuan of real estate in Jiakai City, Evergrande Real Estate made a profit of nearly 2.6 billion yuan from the transfer.

In addition to changing the direct controlling shareholder through equity equipping, Jiakai City after the acquisition has also embarked on a road of transformation. Among them, “de-real estate” to cooperate with Evergrande Real Estate to solve the problem of “competition in the same industry” has become the primary task of Jiakai City for a long time. Since then, the sale of equity and asset packages has become the norm in Kakai City.

Statistics from Sohu Finance found that during the four years from 016 to 2019, there were 15 subsidiaries with sold equity disclosed in the annual report of Jiakai City, and the above-mentioned sales transactions involved a total of approximately 11.011 billion yuan.

In October 2020, Jiakai City was also revealed that its residential and commercial assets were packaged for sale, involving about 10 billion yuan. However, Jiakai City did not respond to this news.

However, solving the problem of horizontal competition is not an easy task. In July 2019, Jiakai City announced an announcement that it would postpone two years to resolve horizontal competition with Evergrande Real Estate. According to the announcement, the overall stock asset size of Jiakai City has been reduced from 30 billion yuan in the initial acquisition of Evergrande Real Estate to about 13 billion yuan (as of the end of 2018), and the remaining stock is mainly commercial assets.

Jiakaicheng said that the reasons for not fulfilling the commitments were that real estate regulation and other factors led to the inability to clear its real estate sales in a timely manner, and that the second main industry cinema business was still in the cultivation stage. Therefore, Guangzhou Kailong and Xu Jiayin promised to resolve the issue of horizontal competition with Jiakai City in various ways permitted by laws and regulations at that time within 2 years from August 1, 2019.

In other words, before August 1 this year, the time limit agreed upon by both parties is approaching; in this way, there is only about one month left.

An insider of Evergrande Real Estate revealed to Sohu Finance that “the transfer of shares and the waiver of voting rights are mainly to solve the problem of competition among listed companies.” The insider also said that “share transfers are not for cashing out, and have nothing to do with the company’s capital problems.”

Since May of this year, there have been constant negative news surrounding Evergrande, and various rumors have been fermented around the sale of houses at discounts, Evergrande’s operating conditions, and capital chain. On June 7, Evergrande issued a statement to refute the rumors, saying that the company’s production and operation are all normal. In the 25 years since its establishment, there has been no case of late payment of loan interest or overdue return of principal.

Evergrande also stated that since March last year, the company has implemented a development strategy of “high growth, scale control, and debt reduction”, and its interest-bearing debt has dropped by nearly 300 billion yuan in a year; before the end of this month, the company’s Interest-bearing liabilities are expected to fall from last year’s highest of 874.3 billion yuan to less than 600 billion yuan, and at least one of the three red lines will turn green.

Revenue in the first quarter increased by 130%, and the stock price reached 9.14 yuan during the year

In fact, when the issue of horizontal competition between Jiakai City and Evergrande will be resolved, it has always been an issue of concern to investors. Prior to this, Jiakai City had repeatedly expressed to investors on platforms such as Hudongyi that the company is continuing to promote the resolution of related problems, and will accelerate the strategic positioning of its main business to continuously improve its future sustainable development capabilities.

Behind the concerns, there are more concerns about Kakai City’s performance and the company’s development. From the perspective of financial data, the performance of Jiakai City since 2016 is not optimistic. From 2016 to 2020, Jiakai City’s revenue fell from 3 billion yuan to 1 billion yuan; the net profit attributable to the parent company turned from profit to loss, and the year-on-year decline in 2020 was 1202.64%.

The latest annual report shows that in 2020, Kakai City’s revenue is 1 billion, a year-on-year decrease of 39.5%, and the decline is larger than the same period last year; net profit attributable to the parent is -1.26 billion, compared with 110 million in the same period last year, failing to maintain profitability ; Gross profit margin was -4.2%, a year-on-year decrease of 27.1 percentage points; net profit margin was -128.3%, a year-on-year decrease of 130.9 percentage points.

Jiakai City has also developed a “second main business”, that is, the theater business. Among them, in July 2018, Jiakaicheng acquired 100% equity of Beijing Star Times Cinema Investment Co., Ltd. and Aimee (Beijing) Cinema Investment Co., Ltd., and formally stepped into this field.

According to the annual report data, in 2019, 99 cinema companies under Kakai City opened newly opened cinemas, and a total of 117 cinemas have been opened. In the same year, about 14.44 million people watched movies in cinemas, and the box office accounted for about 0.78% of the national market.

Reflected in terms of performance, in 2018, Jiakaicheng film and television projection business revenue was 31 million yuan, accounting for 1.87% of revenue; in 2019, Jiakaicheng film and television projection business revenue was 619 million yuan, a year-on-year increase of 1896.7%; gross profit margin 97.58% , Far exceeding 36.21% of the real estate business in the same period.

However, just as Jiakai City’s second main business theater line business is still in the cultivation stage, and the proportion of revenue and profit of this business is also small, at present Jiakai City’s main business is still real estate, and its revenue contribution ratio in 2020 60.28%.

As of the first quarter of 2021, Jiakai City’s total operating income was 360 million, a year-on-year increase of 130.1%; net profit attributable to the parent was -160 million, compared with -310 million in the same period last year, and the loss narrowed; operating cash flow increased from -190 million Increased to 160 million, an increase of 183.2% year-on-year.

Jiakaicheng believes that the company’s film and television projection business has gradually returned to normal in the first quarter of 2021; in addition, the company’s interest-bearing liabilities have decreased compared with the same period last year, and financial expenses have decreased.

Since the beginning of this year, Jiakai City has experienced high-level personnel changes. On January 26, Jiakai City announced that Shi Shouming was elected as the new chairman of the board. Shi Shouming, 46 years old, has served as Vice President of Evergrande Real Estate Group and Chairman of Inner Mongolia Company, Hainan Company, Beijing Company, President of Evergrande Real Estate Group and Chairman of Sichuan Company, etc.; previously, Shi Shouming worked due to work The reason for the transfer resigned as chairman of Evergrande Automobile (00708.HK).

Also on January 8th, Jiakai City also announced that director Li Huaibin had been recommended by more than half of the directors and became the acting chairman of Jiakai City. Li Huaibin is currently the vice president of Evergrande Real Estate Group. From January 11 to January 20 after the announcement, in these 8 trading days, Jiakai City received a total of 5 daily limit, and the stock price rose from 3.29 yuan to 5.29 yuan, an increase of about 60.79%.

The stock price information shows that this is a rare rise for Kakai City. Since 2019, Jiakai City’s stock price has shown a downward trend as a whole.On February 2 this year, although the stock price had risen to 9.14 yuan /Share high point, but the stock price has declined overall since then.

As of the trading day before the suspension on June 21, Jiakai City reported 6.45 yuan per share. In the past five months, the share has fallen 29%, and the total market value has shrunk by more than 8 billion yuan.

5 months, Bac Ninh granted new investment registration for 52 foreign investment projects Specifically, from the beginning of the year until now, the whole province has granted new investment registration for 23 domestic investment projects with a total investment capital of 8,248,456 billion VND; granting adjusted investment registration for 36 investment projects, including 12 capital adjusted projects with the total adjusted capital increasing by VND 3,442.36 billion; adjusted 1 project for industrial park infrastructure investors with total additional investment capital of 1,180.37 billion VND, equivalent to 51.32 million USD. Accumulated up to now, Bac Ninh province has granted 1,455 valid investment registered projects to domestic investors with a total adjusted investment capital of 210,505.18 billion VND. With foreign investment projects, in the first 5 months of the year, Bac Ninh province has granted 52 new projects with a total registered capital of 320,691 million USD. Adjusted capital for 33 projects, with an increased adjusted capital of USD 43,607 million. Along with that, there were 22 times of capital contribution, share purchase and capital contribution with a value of 9,174 million USD. So far, Bac Ninh province has granted investment registration to 1,663 valid foreign investment projects with the total registered investment capital after adjustment and capital contribution to buy and buy shares, the contributed capital reaching 20,045 ,006 million USD. According to the Ministry of Planning and Investment, Bac Ninh is currently ranked 7th out of 63 provinces and cities nationwide in terms of attracting foreign direct investment. Particularly in May 2021, Bac Ninh province has granted new investment registration for 14 foreign investment projects with a total registered capital of 61,072 million USD.

Elon Reeve Musk FRS (born June 28, 1971), is a South African-American engineer, industrial designer, inventor, technology entrepreneur and philanthropist. Musk is the founder, CEO, and chief engineer/designer of SpaceX; original investor, CEO and product architect of Tesla, founder of The Boring Company, co-founder of Neuralink, co-founder and original co-chairman of OpenAI. Elon Musk. Photo: Reuters. Among his three biggest projects, SpaceX was founded by Musk in 2022 with the main function of manufacturing aerospace and space transportation service company. Here, he holds the position of CEO and chief designer. Musk joins Tesla Motors, Inc. (now Tesla, Inc.), an electric vehicle maker in 2004, a year after the company was founded and became its CEO and product architect. In 2006, he helped found SolarCity, a solar energy services company (now a subsidiary of Tesla). In 2015, Musk co-founded OpenAI, a nonprofit research company that aims to promote friendly artificial intelligence. In July 2016, he co-founded Neuralink, a technology company focused on developing intellectual computer interfaces. In December 2016, Musk founded The Boring Company, an infrastructure and tunneling company focused on tunnels optimized for electric vehicles.

Design of a waste treatment line for the Vietnamese market with 3D technology at the Belgian company Menart. His work is part of the waste treatment project to make compost at the Residential and Industrial Solid Waste Treatment Area in Vinh Tan Commune, Vinh Cuu District, Dong Nai Province, which is carried out by Belgian company Menart and Co. Sonadezi Environment Joint Stock Company in Dong Nai province. Sharing with Vietnam News Agency correspondent in Belgium, Mr. Anthony said the design must be based on actual research and survey. He went to Vietnam and went to Dong Nai to review the field conditions at the place where the waste treatment plant will be built and then returned to Belgium, designed with 3D technology, the line will be installed to suit the conditions. Vietnam’s tropical climate. Some details are produced on-site by Menart company, others are sent to Vietnam for partners to do. The equipment will then be transported from Belgium to be assembled at a waste treatment plant for operation. Meanwhile, at the factory, Menart’s engineers are installing and testing waste sorting and composting equipment. This is the second production line that Menart is about to hand over to Sonadezi for deployment in Vietnam. In the equipment factory of the domestic waste treatment line of Menart Company, Belgium. Mr. Mot, an experienced technician, said that last year, he was sent by the company to Vietnam and to Dong Nai to prepare for the trial operation of the waste treatment plant. He stayed in Dong Nai for 6 months, with Vietnamese colleagues installing lines and training operators to prepare for the trial run of the plant in November 2020. Menart is a private company established in 1961 specializing in the design, construction and installation of equipment for organic fertilizer production and environmental protection waste treatment. With a team of highly qualified engineers and technicians, Menart provides equipment and solutions for many fields, especially environmental protection and clean agricultural production. Currently, Menart’s network of activities covers 60 countries on 4 continents including Asia, Europe, Africa and America. According to Ms. Bérengère Menart, General Director of Menart, the company has been working with Vietnam since the late 90s of the last century in the field of environment. In Vietnam, Menart provides equipment for waste treatment plants in Dong Nai, Soc Trang, Kon Tum, Ha Tinh, Thai Nguyen, Ha Nam provinces to turn waste into compost for agriculture. Waste sorting and treatment line manufactured by Menart company for Vietnam market. The composting waste treatment plant at the domestic and industrial solid waste treatment area in Vinh Tan commune, Vinh Cuu district, Dong Nai province is invested by Sonadezi Environment Joint Stock Company and also provided by Menart Company. device. The 7.1-hectare plant was put into trial operation late last year with a capacity of 450 tons/day, operating 8 hours/day. The operation process consists of 4 main stages: waste sorting, aerobic composting, ripening, and creating refined humus. About 80% of the organic waste received will be treated as compost; about 15% of inert waste after burning is buried in hygienic burial pits; About 5% of nylon bags are recovered, recycled and reused. Currently, Menart continues to complete the garbage sorting equipment, composting machines, rotary machines, and composting equipment to hand over to Sonadezi to serve the expansion of the Vinh Tan waste treatment plant. Ms. Bérengère Menart strongly believes in the prospect of cooperation in this field with Vietnam. She said: “Vietnamese people and local authorities will raise awareness of environmental protection, reduce the amount of untreated waste into the environment and thus contribute to improving the quality of life.” She affirmed and wished to continue expanding cooperation in technology transfer to Vietnamese partners in the fields of environment and agriculture. With projects implemented in Vietnam, Menart is contributing to the local government to solve the management and treatment of waste, a hot issue today, due to the rapid urbanization process.

Photo: Menart Anthony Romeo’s work at Menart is in the project of treating waste to make compost at the Industrial and Domestic Solid Waste Treatment Area, Vinh Tan Commune, Vinh Cuu District, Dong Nai Province. This project is implemented by Menart company together with Sonadezi Dong Nai Environment Joint Stock Company. According to Anthony, the design must be based on research and field research. He spent many field trips to examine the actual conditions to build a waste treatment plant and then returned to Belgium, doing design with 3D line technology. The installation is guaranteed to suit the tropical climate of Vietnam. Some details are produced by Menart on the spot, others are sent to Vietnam to request production. Then, the equipment is transported from Belgium to Vietnam, assembled at a waste treatment plant to operate. Meanwhile, at Menart’s manufacturing facility, the company’s engineers are installing and testing the waste sorting and composting equipment. This is the second line that Menart is about to hand over to Sonadezi for deployment in Vietnam. Mr. Mot, an experienced technician, said last year, he was sent to Dong Nai by the company to prepare for the trial operation of the waste treatment plant. He spent 6 months here with Vietnamese colleagues installing lines and training operations to prepare for the factory commissioning in November 2020. Menart is a private company established in 1961 specializing in the design, construction and installation of organic fertilizer production equipment, waste treatment to protect the environment. With a team of highly qualified engineers and technicians, Menart provides equipment and solutions for many fields, especially environmental protection and clean agricultural production. Currently, Menart’s network of operations covers 60 countries in 4 continents including Asia, Europe, Africa and America. Menart’s General Director affirmed his wish to continue expanding cooperation in technology transfer for Vietnamese partners in the field of environment and agriculture. (Photo: Menart) According to Ms. Bérengère Menart, General Director of Menart, the company has been working with Vietnam since the late 1990s in the environmental sector. In Vietnam, Menart supplies equipment for waste treatment plants in Dong Nai, Soc Trang, Kon Tum, Ha Tinh, Thai Nguyen and Ha Nam, to turn waste into compost for agriculture. The composting humus treatment plant at the domestic and industrial solid waste treatment area in Vinh Tan commune, Vinh Cuu district, Dong Nai province is invested by Sonadezi Environment Joint Stock Company and provided by Menart Company. device. The 7.1 ha factory was put into trial operation late last year with a capacity of 450 tons / day, operating 8 hours / day. The operating process consists of 4 main stages: waste classification, aerobic composting, maturation, creating refined humus. About 80% of organic waste received will be treated as compost; about 15% of inert waste, after burning, will be buried in hygienic burial holes; About 5% of nylon bags are recovered, recycled and reused. Inside the workshop (Photo: Menart) At present, Menart continues to complete waste sorting equipment, composting machines, cameras and composting equipment to hand over to Sonadezi to serve the expansion of Vinh Tan waste treatment plant. Ms. Bérengère Menart strongly believes in the prospect of cooperation in this field with Vietnam. “Vietnamese people and local authorities will raise awareness of environmental protection, reduce the amount of untreated waste to the environment, and thus contribute to improving the quality of life,” she said. She affirmed her desire to continue to expand cooperation in technology transfer to Vietnamese partners in the field of environment and agriculture. With projects deployed in Vietnam, Menart is contributing to the local government to solve the waste management and treatment, a hot issue today, due to the rapidly increasing urbanization process. Menart is continuing to complete waste sorting equipment, composting machines, cameras, and composting equipment to hand over to Sonadezi. (Photo: Menart) Quynh Hoa According to Vietnam News Agency

The amount raised through long-term bonds is only a small portion of the total debt that Amazon has issued, estimated at about 18.5 billion USD. The company says it can use these funds to invest in clean transportation and carbon-free buildings. Amazon’s projects will include purchasing electric vehicles for fleets, as well as other electric delivery vehicles. In addition, Amazon said it will also use electric heating and cooling systems powered by renewable energy at the company’s new headquarters in Arlington, Virginia. In one pledge, Amazon will cut all carbon emissions by 2040 and power all renewable energy operations by 2030. Amazon’s decision to raise funds for social projects comes when the company faced criticism around the labor issue. In addition to being charged with unsafe procedures and affecting employees’ health, Amazon has also been criticized for illegally firing workers and forcing them not to unionize. However, Amazon has denied these allegations and said it has always supported employees’ equal rights. According to Reuters According to Reuters

Nhat Tan Bridge, the largest cable-stayed bridge in Vietnam. Photo: Duc Hanh / BNEWS / TTXVN The Crossroad Bridge of Nga Tu So is designed to reduce congestion in the area of ​​Nga Tu So, with the highest traffic density in Hanoi. Photo: Duc Hanh / BNEWS / TTXVN Dong Xuan Market is one of the largest markets in Hanoi, Vietnam. The market has a history dating back hundreds of years from feudal times. Photo: Duc Hanh / BNEWS / TTXVN Ring Road 3 in Hanoi is an important road traffic route of the capital. Photo: Duc Hanh / BNEWS / TTXVN The first urban railway system in Vietnam. Photo: Duc Hanh / BNEWS / TTXVN Modern complex buildings on Duong Dinh Nghe street. Photo: Duc Hanh / BNEWS / TTXVN The intersection of Boc Pagoda – Ton That Tung – Dong Tac – Pham Ngoc Thach. Photo: Duc Hanh / BNEWS / TTXVN Twin Tower on Ngoc Thuy Street (Gia Lam). Photo: Duc Hanh / BNEWS / TTXVN The whole house of Eurowindow Modern Complex. Photo: Duc Hanh / BNEWS / TTXVN BIDV Building 194 Tran Quang Khai, intersecting Tran Quang Khai and Hang Voi – Tran Nguyen Han streets. Photo: Duc Hanh / BNEWS / TTXVN Vinhomes Royal City complex project includes high-end apartment building, commercial center, school, office, modern. Photo: Duc Hanh / BNEWS / TTXVN The headquarters of Vietnam Electricity (EVN) is a 2-storey tower, located near the Old Quarter and Truc Bach Lake (Hanoi). Photo: Duc Hanh / BNEWS / TTXVN Lotte Center Hanoi (Hanoi City Complex) is the 3rd tallest skyscraper in Vietnam. Photo: Duc Hanh / BNEWS / TTXVN Ancient Turtle Tower in the heart of Sword Lake. Along with Hanoi experienced many ups and downs of history. Turtle Tower is like a soul of the capital, a symbol of a civilized city and a tourist destination at home and abroad. Photo: Duc Hanh / BNEWS / TTXVN

We have seen many high-altitude challenge projects of Internet celebrities in large and small scenic spots in China, especially in some short video platforms, which can be described as a mess. However, we rarely can gather these high-altitude challenges together in one scenic spot, especially in East China. They are basically individual challenge projects, or the height is not enough, or the thrilling level is greatly reduced, etc. Wait, or the tickets for the project are too expensive, which also makes it easy for us to spoil and return. However, the magical North Zhejiang Grand Canyon in Anji on the 30-degree north latitude line satisfies all our illusions about high-altitude projects, and it is still quite generous. Its territory not only includes the most popular high-altitude challenge projects in China, but also the price. It is also very close to the people, allowing tourists not only to enjoy the mountain and water here, but also to challenge the high-altitude project, which adds a lot of fun to travel. Located on the magical 30-degree north latitude line, the North Zhejiang Grand Canyon Scenic Area is the largest new tourist attraction in Anji and even the entire Yangtze River Delta region. The natural scenery of the North Zhejiang Grand Canyon has not disappointed us. There are many strange peaks and strange rocks, the green pines are vigorous and upright, the clouds and fog are endless, the bitan waterfalls are dense, the bamboo sea is vast, the natural scenery is exquisite, the ecological landscape is excellent, and it is known as Zhejiang. The reputation of “Qinghai-Tibet Plateau”. The first half of the trip to the North Zhejiang Grand Canyon is mostly dominated by natural landscapes such as strange rocks, stone caves, small lakes and waterfalls, and the second half is dominated by thrilling high-altitude challenges, and there are nine challenges at once. Can meet the needs of different challengers. Since it is a high-altitude challenge project, glass bridges are of course indispensable. There are not only glass bridges in the North Zhejiang Grand Canyon, but also breakthroughs. With a total span of about 170 meters and a drop of about 107 meters, it is the first 7D glass bridge in Anji County. Coupled with the sound and image quality of the holographic 7D, each step will have different cracks and sound effects, which can be described as shocking step by step, which is a completely different glass bridge experience. The most popular high-altitude challenge project in the North Zhejiang Grand Canyon in summer is none other than aerial rafting. It has a total length of 1480 meters and a drop of more than 138 meters. There are a lot of rafting in China, but the floating in the sky of the North Zhejiang Grand Canyon is definitely worth the challenge. S-shaped, U-shaped, 360-degree roundabouts, wet screams in an instant, and the entire canyon is reverberated with screams. sound. In addition to this, there are other high-altitude challenge projects in the Great Canyon of North Zhejiang, such as the “cliff swing” and the mirror of the sky, which are no stranger to us. There are also Step by Step Jingxin Red Bridge, 360 High-altitude challenges and amusement facilities such as high-altitude bicycles, revolving swings, and slippery tracks. There are a total of 9 high-altitude challenge projects. According to normal principles, the price of each challenge is expensive. After all, a single project challenge is more than 30 yuan, which is 200 yuan +. However, the North Zhejiang Grand Canyon is quite generous, and the combined price of these high-altitude challenges is only 70 yuan. Tickets for the scenic spot are 80 yuan, plus 9 amusement items, package 150, including scenic glass suspension bridge, cliff swing, step by step Jingxin net red bridge, time slippery track, sky mirror viewing platform, rotating swing, 360 degrees Bicycles, zip lines, the price of a single item is less than 10 yuan, which can be said to be quite generous.

The North Zhejiang Grand Canyon not only has the magnificent scenery of the magnificent mountains and rivers, but also the graceful and graceful scenery of the south of the Yangtze River. There are dense water systems and many waterfalls in the canyon. Although it is a landscape view, the whole journey is not hard. We walked and photographed the first waterfall at the end of the Huangpu River source in about 2 hours. This is a must-check internet celebrity attraction, and the portraits are beautiful. Nowadays, the North Zhejiang Grand Canyon is more playable, and one after another amusement projects are dotted in the canyon, including glass suspension bridges, sleek roads, glass drifting, cliff swings, step by step Jingxin net red bridge, rotating swings, 360 There are a total of nine amusement items including bicycles, sky-mirror viewing platform and zip line, which can be enjoyed for a full day. Looking up, the high-altitude glass suspension bridge across the mountain peaks comes into view. It has become a local Internet celebrity check-in point since it opened to the public in 2018. It also has an elegant name called “The North Zhejiang Grand Canyon Yingbin Bridge” because of its glass At the entrance of the suspension bridge, there are two full-bodied welcoming pine trees. This high-altitude glass suspension bridge is the first 7D glass skybridge in Anji County. It has a total length of 170 meters and a drop of 107 meters. Walking on the glass bridge gives people a sense of excitement. The magnificent scenery has a panoramic view. I have experienced the high-altitude glass bridge and continue walking up the mountain. What awaits everyone is the Jingxin Net Red Bridge, the Sky Mirror Observation Deck and 360-degree bicycles. Compared with the glass suspension bridge, it is more thrilling and exciting. For those who like to challenge and excite. In all, it is worth the challenge here. The colorful platform in front of me is the “Sky Mirror Observation Deck”, volleyed in the air more than a hundred meters high. People stand on the glass platform, and the whistling wind in the canyon floats by the ears. This place is second only to glass. The suspension bridge overlooks the location of the Grand Canyon, not only that, if there is a drone, you can also shoot a blockbuster. Step by step Jingxin Internet Red Bridge has been very popular in recent years, full of challenges and excitement, but don’t worry, the safety is very reliable, there are safety locks tied to the body, but walking on it, looking at the cliffs hundreds of meters high under your feet, Even people who are not afraid of heights will exclaim. The arrangement of amusement projects in the scenic area is very reasonable. After experiencing the step by step Jingxin Bridge, you can almost slide down the mountain. There is a “time tunnel” at the step by step Jingxin Bridge. Wear anti-friction clothes and slide down. . Then there is glass drifting, which can be seen along the way. It is 1,500 meters long and winding in the canyon. I have experienced glass slides before. Relatively speaking, I prefer the glass slides here. It is not only long, but also has a drop of more than 100 meters, and there are many bends in the middle, including s-shaped bends and u-shaped bends. Road, 360 circular bends. The drifting boat descends very fast, and the most exciting places are of course those corners. Speed ​​bumps are also set up for safety. It is also the speed bumps that make the whole journey safe and exciting. The scenic area provides waterproof clothing, which can be waterproof all over the body. If you want to take a wet tour, it is not a bad idea. The water is rushing at the bend, and the impact of the drifting boat, the water splashes all over the body. . The last amusement project is the aerial zipline, which is more than 500 meters in length and has a drop of more than 30 meters. The whole person seems to be hanging in the air, only hearing a gust of wind whizzing past the ears, and then came to the end. The excitement on the way is only personally. Experience it below. Travel tips: Scenic address: Shiling Village, Baofu Town, Anji County, Zhejiang Province; Tickets for scenic spots: 80 yuan per person; tickets + 150 yuan for package tickets for 9 major attractions.

In Krong Buk district (Dak Lak), there are 4 wind power projects issued by the People’s Committee of Dak Lak province, including: Cu Ne 1 wind power plant, Cu Ne 2 wind power plant, Krong wind power plant. Buk 1 and Krong Buk 2 wind power plant. All 4 projects were issued with the Decision on investment policy by the People’s Committee of Dak Lak province on February 26, 2021 and represented by Chinese nationals in accordance with the law … According to investment policy decisions, these 4 projects must complete legal procedures before construction. However, in mid-March, although the documents and procedures have not been completed, the project owner still proceeds to build. In Cu Ne commune, where the wind power projects of Cu Ne 1 and Cu Ne 2 are implemented, Mr. Luc Duy Phuong, Chairman of the People’s Committee of Cu Ne commune, said that despite the legal documents, the investor has carried out. Acquisition of people’s land and conducting land clearance to conduct construction in some locations. Meanwhile, the Ea Nam wind power plant project of Trung Nam Group as an investor in Ea H’leo district (Dak Lak) is also being massively constructed. Based on the provisions of the law, this is the project in which the State recovers land and then carries out the procedures for the enterprise to lease the land. However, up to now, although the land lease procedures have not been implemented, the site clearance work is also facing many difficulties and problems, but Trung Nam Group has carried out the construction. many items. Ea Nam wind power plant has a design capacity of about 400MW, total land use term is about 140ha, total investment is announced 16,500 billion. According to preliminary statistics, the investor has completed the construction of the operator and cleared the ground 58/84 positions of the turbine pillars, constructed the pile under the pillar foundation to be 30/84 pillars, the foundation for the turbine pillars was 20 / 84 pillars … The construction of the wind power project of Trung Nam has affected the daily life and production of local people. According to the People’s Committee of Ea Nam commune, there are about 500 complaints from the local people to the project reflecting on the project. “The project implementation of Trung Nam Company does not ensure the provisions of the law on land, construction and environment”, Mr. Nguyen Van Nhiem, Chairman of Ea Nam Commune People’s Committee affirmed. Similarly, the wind power projects invested in Dak Nong province are also massively implemented, although the legal documents and legal procedures have not been completed. In the photo, people walk on a dusty road in the wind power project area in Thuan Ha commune (Dak Song district, Dak Nong). According to statistics, up to now, there have been 6 wind power projects in Dak Song with a total investment of nearly 15,000 billion VND. This means that about 300 hectares of land, of which mainly agricultural land in Dak Song has to be converted to use for energy projects. Occupying the largest capacity and land area in Dak Song are the projects under the name of Mr. Do Le Quan, General Director of Tai Tam Co., Ltd., a well-known enterprise in the real estate sector in Hanoi with capacity designed 300 MW and about 200 ha of land. On October 1, 2020, the People’s Committee of Dak Nong Province issued a decision on investment policy for 3 projects led by Mr. Do Le Quan, including Dak N’Drung 1,2,3 Wind Power Plant Project. corresponding to investors of Dak N’Drung Energy One Member Limited Company 1,2,3 with a total investment of more than 10,000 billion VND in 4 communes of Thuan Ha, Thuan Hanh, Dak N’Drung and Nam N’Jang. According to the Chairman of the People’s Committee of Thuan Ha commune, the commune has not yet fully grasped the legal documents of the project. It is not known how much land will have to be acquired, at which locations, but the investor has deployed a series of works. The investor’s organization of the construction of wind power projects in Thuan Ha commune has been opposed by the people. One resident said, Thuan Ha commune (Dak Song) is a border area with fertile land, suitable for agricultural development. Previously, a number of strangers came to buy land from people on the pretext of building medicinal plant farms. However, up to this point, the positions that strangers buy have become the place for the construction of wind power projects. The people ask the authorities to publicize the project, require the investor to implement the project to ensure the environment, clarify the distance to build wind power poles with the people’s house and compensate satisfactorily. In the photo: Residents watch a video clip where they record the conflict between them and the security force at the wind power project. A concrete cylinder is inserted deep into the ground to build a tuapin pillar in village 8, Thuan Ha commune. According to villagers, the pillar is tens of meters long and the construction team uses heavy presses to push it to the ground. In Thuan Ha commune, the wind power works are spread over a large area. Local leaders also admitted, they themselves did not fully grasp the position of the tuapin pillars. Mr. Nguyen Van Pho, Chairman of Dak Song District People’s Committee, admitted that due to the pressure of the project schedule, the enterprise had to negotiate and buy and sell land with the people after which the State acquired and leased the land. The machine pressed concrete cylinders to the ground to build wind-power tuapin pillars has caused strong vibrations, cracked bricks, broken the walls of people’s houses. In order to solve problems for businesses, answer questions and frustrations of people, recently Vice Chairman of Dak Nong Provincial People’s Committee, Mr. Le Trong Yen presided over a dialogue between parties at the district People’s Committee office. Dak Song. However, the situation has yet to be improved. One day after the dialogue, the people of Thuan Ha continued to gather a large number of people to obstruct the construction investors. The heavy truck carrying materials into the project area was blocked while workers and other machinery at the site were forced to stop completely.

Apple logo in San Francisco, California, USA. Photo: AFP / VNA On April 15, Apple announced an initiative to reduce carbon emissions with the Recovery Fund (RF), which aims to invest in forestry projects to reduce carbon emissions from the atmosphere while generating profits. for financial investors. Together with Conservation International and Goldman Sachs, Apple’s $ 200 million fund aims to remove at least 1 million tons of CO2 annually from the atmosphere, equivalent to the emissions of more than 200,000 passenger vehicles. According to the company “Apples Defect”, RF can help expand the scale of investment in forest rehabilitation. Conservation International will co-invest in RF while Goldman Sachs will take on the role of fund manager. Apple said the three sides will identify new projects later this year. Nature offers one of the best tools for removing carbon from the atmosphere, says Lisa Jackson, Apple’s vice president of environmental, policy and social initiatives. By setting up a fund that generates both financial returns as well as helping to reduce emissions, Apple seeks to promote broader change in the future, by encouraging investments in carbon removal across the country. bridge. Apple hopes that others will share its goals and contribute resources to support and protect ecosystems. In July 2020, Apple announced its goal of neutralizing 100% of its entire supply chain and product lifecycle by 2030 and directly eliminating 75% of its supply chain and product emissions. 2030. It is expected that RF will help solve the remaining 25% of Apple’s emissions by removing carbon from the atmosphere. During the past year, 15 Apple suppliers in China pledged to join the plan and shift Apple’s manufacturing operations to 100% renewable energy. Apple Vice President and CEO of Apple in China Isabel Ge Mahe said that as early as 2015, Apple has launched a long-term cooperation plan for many years with the World Natural Foundation to build more than 400,000 hectares of forests in China. to 2020./.

Department of Science and Technology transfer and apply the results of scientific and technological research projects and projects at the provincial level to units in the province. Specifically, on the transfer of results of topics, provincial projects have 22 subjects and projects. In which, typically the topics and projects: “Evaluate the effectiveness of a number of interventions to improve knowledge and practice attitudes about prevention of hepatitis B virus infection in mountainous and suburban communities. Quang Binh province sea “was transferred to the Department of Health and the Center for Disease Control in Quang Binh province; “Researching the current situation and proposing a number of solutions to improve the effectiveness of anti-corruption in Quang Binh province in the new situation” was transferred to the Internal Affairs Committee of the Provincial Party Committee and Inspectorate of Quang Binh province; “Research on solutions to improve the efficiency of tourism security in Quang Binh province in the current situation” was transferred to the police of Quang Binh province and the Department of Tourism of Quang Binh province; … Part of transferring results of model, career tasks of science and technology includes 14 models and tasks, such as: “Surveying, analyzing the quality of food safety and hygiene on vegetables, tubers and fruits at the a clean vegetable business in Quang Binh province ”the units being transferred are the Technical Center for Test Measurement and the Quality Management Department of Agriculture, Forestry and Fisheries of Quang Binh; “Building a model of wild chicken raising in Quang Trach district”, the unit transferred is Lam Ha General Construction Company Limited and Department of Agriculture and Rural Development of Quang Trach district … In the coming time, the Department of Science and Technology will continue to transfer the highly applicable scientific research and technological development results to departments, agencies and localities in the province to serve the development in the provinces. socio-economic field.

The process of geological tectonics and volcanic lava over millions of years has created amazing “rare and difficult to find” topography, geomorphology and natural scenery for Phu Yen land with a series of lagoons, bays, rocky rapids. along the coast, such as Xuan Dai bay, Vung Ro bay, Vung Lam, Cu Mong lagoon, O Loan lagoon, Da Disc ganh, Den Den, Mui Dien, Van Hoa plateau …

Along with that are beautiful beaches such as Bang beach, Bau beach, Nom beach, Thung beach, Tu Nham beach, Mai Nha island, Ong Xa Island, Nhat Tu Son, Yen island, Chua island, Nua island …

The “rare and difficult to find” geological structure creates an attractive landscape for tourists

There are also unique historical, architectural, and religious works such as Lang Lang Church, Nhan Tower, White Stone Pagoda, An Tho Citadel, Mr. Cop Bridge, Tam Giang Dam … In addition, in Phu Yen There are also many special festivals such as Tam Giang River Festival, Cau Ngu Festival … Can deploy a variety of tourism products such as marine tourism, discovery tourism, experience tourism, travel. culture, community tourism …

Phu Yen also has a strategic trade position connecting the South Central Coast with the Central Highlands region and is the focal point of the North – South road, sea and railway routes. Phu Yen currently has deep-water seaports with a capacity of 100,000 tons that can enter and exit, railway stations North – South and Tuy Hoa International Airport are being upgraded to capacity of 5 million passengers / year.

With the above strategic location, Phu Yen is a suitable place to develop tourism products “one journey – many destinations” or “one trip – many experiences” …

The appearance of the luxury resort real estate project contributes to raising the position of Phu Yen on the world tourism map

According to economic expert Tran Dinh Thien, in order to create a “kick” to raise the level of local tourism, Phu Yen must have a breakthrough development in tourism infrastructure, especially quality hotels and accommodation. high.

This locality needs to have more large-scale, 5-6-star international tourist sites that are recognized by the area invested, managed and operated by large tourism corporations and brands. focus on upgrading Tuy Hoa international airport to expand international routes, welcome more flights to bring tourists from abroad.

Types of tourism services, commercial centers, shopping, performing arts, outdoor sports, beach sports … also need to be invested in to create an exciting atmosphere for resorts. schedule, stimulate spending and retain visitors.

Change the appearance of Phu Yen tourism

In recent years, large real estate groups at home and abroad are “landing” in Phu Yen with a series of large-scale projects, synchronous and modern planning with a total investment of up to tens of thousands of billion VND. .

Representatives of Everland Group said that this enterprise will synchronously deploy two real estate projects, Xuan Dai Bay Resort Complex and Crystal Holidays Marina Phu Yen in the area of ​​Xuan Dai ward, Song Cau town. Phu Yen province.

These are 2 projects of 5-6 star international standard resort tourism with a scale of 24.36ha, total investment capital of nearly VND 2,200 billion, located in the urban tourism and service population of more than 500 ha in the south. Song Cau town, Phu Yen province.

Overall perspective of 2 5 – 6 star resort real estate projects in Song Cau town in Phu Yen

Located adjacent to National Highway 1A, section passing Song Cau Town, stretching along the mouth of Xuan Dai Bay and Ong Xa Islet, Xuan Dai Bay project and Crystal Holidays Marina Phu Yen project form a unique tourist resort complex. including complexes of hotels, villas and resorts on the mountain, on the beach and on the island (Ong Xa isle).

Perspective project Xuan Dai Bay announced by EverLand Group

The beach complex includes a complex of resorts, shopping, and entertainment projects designed in Mediterranean architecture style with indigenous cultural elements including clusters of sea-facing villas, lakeside villas. interspersed under coconut palms and tropical gardens are highlighted by a 5-star 25-storey hotel, stylized in the shape of a Peacock boat mooring in Vung Lam.

This is also the highest 5-star hotel on Cau River with 500 rooms, sea view, admiring the whole landscape of Xuan Dai Bay national beauty and Vung Lam relics.

Perspective island of Santorini with international class 6-star tourist population

According to the representative of Everland Group, the implementation progress of the two projects above is 36 months when completed on schedule, will provide many international standard 5 – 6 star hotel rooms and high quality resort villas. with closed services and utilities.

Chairman of Quang Binh Provincial People’s Committee Tran Thang chaired the meeting with relevant departments.

According to the report of the People’s Committee of Quang Binh province, in the period 2016 – 2019, the Department of Natural Resources and Environment advised the Provincial People’s Committee to decide on land acquisition of 17 projects with a total land area of ​​606,517 square meters.

Currently, there are 12 projects in the province that are leasing land to implement in highly profitable locations but behind schedule; 39 projects have been granted investment policy decisions but implemented slowly compared with the approval decisions, of which 33 projects had been granted investment policy decisions before 2019; Out of a total of 37 commercial housing projects, in urban areas, there are 11 projects that are behind in construction progress compared to the time limit for implementation of technical infrastructure. Particularly in industrial zones and economic zones, there are 6 projects that are behind schedule.

Accordingly, the main cause of the slow progress of the projects is due to difficulties and problems related to the field of land, land clearance compensation, land valuation. In addition, many projects are affected by epidemics and natural disasters, delayed in implementing legal procedures, complying with tax obligations, lack of investment capital …

At the meeting, representatives of departments and agencies discussed and gave some directions to be implemented in resolutely handling delayed projects, especially projects that violate legal regulations and commitments. associated with the province.

At the meeting, Chairman of Quang Binh Provincial People’s Committee Tran Thang emphasized that, over the past time, although the province has created very favorable conditions, there are still quite a few projects behind schedule, especially projects with slow progress. for a very long time; Although there are many objective and subjective reasons leading to this situation, the delay in progress has greatly affected the results of investment in the province, causing waste of land resources …

To speed up the progress of projects, Chairman of Quang Binh Provincial People’s Committee requested:

For projects that are behind schedule due to problems in site clearance, problems with legal procedures or other objective reasons and do not owe financial obligations to the State, assigned to departments, sectors, Relevant localities continue to monitor and urge investors to implement; promptly guide and remove difficulties and problems for investors. People’s Committees of districts, towns and cities with investment projects in the area actively coordinate with investors to support and remove difficulties and problems in site clearance to implement projects.

Regarding projects that have leased land but have been behind schedule for many years that are not in the category of land use extension or beyond the schedule extension, financial obligations have not been fulfilled to the State, Chairman of Quang Binh Provincial People’s Committee assigns the Department Natural Resources and Environment shall assume the prime responsibility for, and coordinate with the Department of Planning and Investment, the Provincial Tax Department, relevant departments, branches and localities in reviewing the progress of projects; work with investors and request a commitment to project implementation progress; advise the Provincial People’s Committee to recover land for projects if they do not implement, fail to fulfill tax obligations according to the provisions of the Land Law.

For projects that are behind schedule but still in progress adjustment according to the Law on Investment 2020, the Department of Planning and Investment is assigned to assume the prime responsibility and coordinate with relevant departments, branches and localities in checking inspect and supervise the implementation progress; urge investors to speed up project implementation; urge the implementation of deposit investment in accordance with regulations.

In addition, the Chairman of Quang Binh Provincial People’s Committee also assigned the Department of Planning and Investment to coordinate with the Department of Natural Resources and Environment, relevant departments, sectors and localities to advise the provincial People’s Committee to establish a review team for slow projects degree to direct implementation; Concerned departments and branches shall focus on directing to organize a specific review of each group and each type of project; classify specific project groups to advise the Provincial People’s Committee to consider and report to consult the Standing Committee of the Provincial Party Committee to handle each specific project according to regulations, especially some large projects, major projects. projects with a high commercial advantage position, projects that are of interest to the voters and the people.

The project has a total budget of about 68 billion VND from commercial loans and reciprocal capital of EVNCPC. Artwork: Mai Phuong / BNEWS / TTXVN

To meet the need to release capacity for renewable energy sources and create socio-economic development momentum in the northern region of Kon Tum province, Central Power Corporation (EVNCPC) has just implemented the project. Improve transmission capacity of Dak Ha 110kV transmission line – Kon Tum 220kV transformer station.

The project has a total budget of about 68 billion VND from commercial loans and reciprocal capital of EVNCPC.

Accordingly, the 110 kV Dak Ha transmission line – the 20 kV Kon Tum transformer station is the lifeblood, supplying and transmitting electricity to the northern districts of Kon Tum province such as Dak Ha, Dak To, Ngoc Hoi, Dak Glei.

However, with the potential to develop renewable energy sources such as hydroelectricity, wind power, and solar power, Kon Tum has attracted many businesses to invest in renewable energy projects.

This leads to the line’s capacity to carry the load not enough to release capacity, regularly implementing the reduction, causing damage to investors and affecting the local economy.

The project to improve transmission capacity of Dak Ha 110 kV transmission line – 220 kV Kon Tum substation was commenced by Kon Tum Power Company in March 2020, with the scale of new construction of dual-circuit lines from transformer station The 220 kV Kon Tum voltage to the Dak Ha 110 kV transformer station, more than 14 km in length, was newly built, replacing the entire old line with insufficient capacity with galvanized steel poles, using ACSR-300/39 conductors and the modern dual-circuit 110 kV line connection.

Currently, the project has been completed and energized by Kon Tum Power Company and put into use in March 2021. The completion and putting into operation of the project is very important in promoting the socio-economic development of the locality, contributing to ensuring energy security, improving electricity supply reliability and reducing losses. power failure in the northern districts of Kon Tum province.

Mr. Hoang Danh Chuyen’s family (village 1, Ha Mon commune, Dak Ha district) currently uses 1 transformer station to cultivate more than 17 hectares of coffee, fruit trees and fish ponds.

“When the line has not been upgraded yet, the current often flickers, sometimes power outages, so it is difficult for the family to focus on production. Now, the upgraded power line has helped to stabilize the power source, so irrigation with electric pumps is more convenient and economical. ”, Mr. Hoang Danh Chuyen shared.

In June 2020, Ngoc Wang Electricity Investment Joint Stock Company invested in building a roof-top solar power project on an area of ​​more than 8,000 m2, in Dak Ha district, with a total investment of 15 billion VND / MW. .

However, the capacity of the 110 kV Dak Ha transmission line is limited, so the company’s revenue is only 180 million dong / month.

Mr. Nguyen Manh Hung, Chairman of the Board of Directors of Ngoc Wang Electricity Investment Joint Stock Company shared, when the 110 kV Dak Ha line was invested and upgraded, the electricity system was transferred smoothly, no an overload occurs; from there, helping the company’s revenue to reach more than 300 million / month.

Through the project to improve the capacity of the 110 kV transmission line Dak Ha – the 220 kV Kon Tum transformer station, nearly 20 small and medium hydropower plants and more than 80 rooftop solar power projects using power lines have been guaranteed. Electricity supply protection and capacity transmission to the national power system.

Deputy Director of Kon Tum Electricity Company Nguyen Thanh Phuong said that the project has helped increase safety in operation and release capacity for hydropower and solar power plants in the region with a capacity of about 240. MW; at the same time, to be able to release the capacity of regional electricity development planning in the coming time, while ensuring electricity supply to meet the needs of socio-economic development, security and national defense in the region. Central – Central Highlands in general and Kon Tum province in particular./.