The People’s Committee of central Khanh Hoa Province has approved Component Project No.1 on site clearance and resettlement to support the construction of the Ninh Thuan 1 Nuclear Power Plant.
The componet project has a total estimated investment of VND6.7 trillion ($254 million), including VND5.28 trillion allocated for compensation and land clearance, more than VND1 trillion for construction of infrastructure in resettlement areas, and the remainder for other related costs.
The Component Project No.1 will be implemented in Phuoc Dinh Commune, with the Khanh Hoa provincial Project Management Board acting as the investor. The implementation period is scheduled from 2025 to 2030.
Completion of the resettlement and site clearance work is considered a critical step in advancing the Ninh Thuan 1 Nuclear Power Plant project.
The Ninh Thuan 1 and Ninh Thuan 2 nuclear power projects, each with a planned capacity of 2,000–3,000 MW, are expected to become operational during the 2030–2035 period.
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