Prysmian Group in Vietnam. On November 2013, 17 the Ground Breaking Ceremony was held for the Project regarding the design, supply, installation, and commissioning of a submarine power cable link to connect Phu Quoc Island to the national power grid in Vietnam.
The contract by the Vietnamese utility EVNSPC (Southern Power Corporation under Vietnam Electricity) has been awarded in May 2012 to Prysmian Group, world leader in the energy and telecom cable systems industry. The submarine cable link will play a major role in developing the island as a tourist paradise. Once completed, the Phu Quoc link will be the first submarine power cable link to have been installed by a utility company in Vietnam.
The start of the project represents a confirmation of the strong standing in high-tech markets of the Italian company Prysmian Group as well of as the growing opportunities offered by investment in infrastructural projects in Vietnam.