VietStar Joint Stock Company on Wednesday morning held the groundbreaking ceremony for a waste-to-energy project in Cu Chi District, Ho Chi Minh City, which is projected to carry a price tag of nearly VND3.5 trillion (US$137 million).

This is the second of its kind in the city, representing a significant step forward in modern waste treatment technology.

The VietStar waste-to-energy plant project is designed to treat 2,000 metric tons of waste per day.

Once in place, the plant, alongside the waste-to-energy facility invested in by Tam Sinh Nghia Investment - Development Joint Stock Company, will help increase the city’s capacity of waste-to-energy incineration to nearly 50 percent of the total waste generation.

Ho Chi Minh City discharges some 10,000 metric tons of waste per day.

Moreover, the waste treatment plant embodies Ho Chi Minh City’s broader goals of expanding renewable energy, reducing greenhouse gas emissions, and improving the urban environment, contributing to ensuring energy security for the city and aligning with national sustainable development targets.

Speaking at the groundbreaking ceremony, VietStar CEO Ngo Nhu Hung Viet emphasized the company’s decade-long preparation for the project. 

“We are committed to completing the project quickly and applying the best technology," said Viet.

“The firm will join hands with Ho Chi Minh City to protect the environment.”

Nguyen Toan Thang, director of the municipal Department of Natural Resources and Environment, said that the department would continue to support investors and businesses in facilitating the implementation of waste treatment projects. 

He stressed that VietStar must adhere to strict construction timelines and ensure compliance with environmental regulations, particularly regarding emissions, wastewater, and noise, in line with the 2020 Environmental Protection Law.

In his remarks, deputy chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuong underscored that the city aims not just to treat waste, but also to turn waste into a resource, contributing to spurring the circular economy and reducing environmental impact.

Cuong also encouraged VietStar to expedite the project, suggesting that the completion timeline be shortened to 12-14 months from 16. 

The municipal Department of Natural Resources and Environment, the Department of Construction, and other relevant agencies were tasked with instructing and supporting the investor, and closely monitoring the project.

It is vital to create favorable conditions for the firm while ensuring compliance with technological and environmental standards.

He added that the city is exploring mechanisms to encourage investment in advanced waste treatment technologies and is working to develop a circular value chain for waste management, encompassing collection, sorting, reuse, and renewable energy production.

5 waste-to-energy plants in Ho Chi Minh City

Ho Chi Minh City is launching five waste-to-energy projects, with the two invested in by VietStar and Tam Sinh Nghia having got off the ground.

Both were designed to have a capacity of 2,000 metric tons of waste per day each.

The rest are in the process of paperwork, including the projects executed by Tasco Joint Stock Company, Vietnam Waste Treatment Company, and the Ho Chi Minh City Urban Environment Company.

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