The agreement paves the way for in-depth exploration of potential opportunities for KEXIM to extend financial support and credit to Long An Energy Group Limited Liability Company, a joint venture established by VinaCapital and GS Energy. Yoon Hee-seong, CEO of KEXIM said, "Given that liquefied natural gas (LNG) power plants in Long An exemplify a notable collaborative endeavour, having already secured investment certification from the Vietnamese government, KEXIM is committed to actively assisting Korean businesses and Engineering, Procurement, and Construction contractors participating in this project." Huh Yong-soo, CEO of GS Energy, emphasised the long-standing recognition among Korean companies of the benefits associated with investments in Vietnam. He lauded the supportive role of KEXIM and welcomed the engagement of other Korean firms in this initiative. The Long An I and II LNG power plant projects are strategically located in Long An province's Can Giuoc district.