Vietnam Infrastructure, Itaco in $800 mln plant deal

Tue Aug 14, 2007 7:45am EDT
 
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HANOI, Aug 14 (Reuters) - Vietnam's Tan Tao Industrial Park Corp ITA.HM and London-listed Vietnam Infrastructure Limited fund (VNIq.L) would build a coal-fired power plant at a cost of up to $800 million, executives of the fund said on Tuesday.

The two signed a memorandum of understanding under which the Vietnamese firm, known as Itaco, and the $402-million close-end fund would build and operate a 600-megawatt power plant in the southern province of Long An.

 

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