The Danish Embassy signed a framework agreement with the ANZ bank in
Vietnam in Hanoi on December 2, giving the bank the management of the
embassy’s fund for promoting energy saving in Vietnam.
The
6.5 million USD fund was set up to help small- and medium-sized
enterprises (SMEs) in Vietnam improve energy use efficiency and adopt
sustainable clean technologies.
The Danish Ambassador to
Vietnam, John Nielsen said the fund is part of Denmark’s aid package of
11 million USD to projects in energy saving for Vietnamese SMEs
operating in brick making, ceramic production and food processing.
The
ambassador hoped that the support would help to enhance the SMEs’
awareness about energy saving and encourage them to realise new ideas
and innovations.
Qualified projects proposed by SMEs will be
able to borrow from commercial banks with half of the loans provided by
the Danish Embassy’s fund.
The funding scheme will be valid from January 2015 to June 2017.-VNA