Nhan Dan Online – More than 27,000 local residents on Phu Quy Island, in Binh Thuan province will be provided with electricity for 24 hours per day, instead of 16 hours, from July 1. This information was announced by Director of Phu Quy Electrictiy, Pham Van Thanh on June 3. He said that the electricity price on the island was equal to that on the mainland as of June 1, following the new circular issued by the Ministry of Industry and Trade. Phu Quy islanders had been provided with electricity for only five hours per day through diesel generators since 1999 and 16 hours per day from 2002, but the prices were very high, around two to five times higher than the mainland. New diesel generators and necessary equipment were being installed on the island to serve electricity generation with a total investment of roughly VND10 billion (US$470,000). The lower power prices and continuous generation were expected to boost socio-economic development, and ensure security as well as promote tourism on the island.