Electricity code expected to be completed by end of year

Vietnam’s Ministry of Industry is expected to complete a new electricity code which will include rules governing foreign investment in the sector before the end of the year, Dow Jones reports. The legislation will also address Build-Own-Operate-Transfer schemes.

The new code is expected to regulate investment in the electricity sector and its operation. It will be considered by the country’s parliament early next year.

The electricity sector is currently dominated by Electricity of Vietnam. The country has a population of 75 million but has only 4400 MWe of generating capacity.