DLG teams up with German group for power supply Dinh Duy By Dinh Duy – The Saigon Times Daily HCMC – Duc Long Gia Lai Group (DLG) and German group Merica inked a comprehensive cooperation deal on Wednesday to supply power on Con Dao Island and in other parts of Vietnam. The agreement signing was witnessed by Vietnamese Prime Minister Nguyen Tan Dung as part of Dung’s visit to Belgium, Germany, the European Union and Italy from October 12 to 18. Both sides will cooperate in investment, production and supply of power on Con Dao and in mainland Vietnam. Currently, Vietnam Electricity Group (EVN) has diesel-fueled generators on the island off the coast of Ba Ria-Vung Tau Province but its output meets only 30% of demand, so power prices are high. The project is expected to meet power demand for local enterprises and households, generate more jobs for residents and fuel economic growth on the island. This is part of DLG’s strategy to focus on agriculture, energy and infrastructure. Earlier, the group announced a plan to invest VND11 trillion in cow farming and cultivation. Merica provides economic solutions for energy, agriculture, forestry sectors, and is present in Singapore, Malaysia, Korea and Hawaii.