Airswift and Source of Asia forge alliance for Vietnam

In: Windfarms
Airswift has formed a joint venture with Source of Asia (SOA) in Vietnam as it targets growth in the offshore wind sector. Based in Ho Chi Minh City, SOA will provide on-the-ground support to Airswift’s candidates and clients working in the region’s burgeoning offshore wind market.

Charles Pfauwadel, VP Asia at Airswift comments: “Vietnam’s 3,200km long coastline means there’s huge potential for the country to be a leader in offshore wind. With more than 70 projects slated for development, there is a significant opportunity to develop the local economy and decarbonise its electricity supply. Together with SOA, we believe our local knowledge and extensive network can help wind developers and the country achieve these goals.”

Airswift has more than 20 operational locations across the region, including its delivery centre in Kuala Lumpur, Malaysia and one of its three corporate hubs in Singapore. Globally, the company now has over 60 fully interconnected offices.

Thierry Mermet, CEO at SOA adds: “Vietnam is a booming market, but it can be increasingly complex for companies to navigate how to operate here – from visas and immigration to relocation services. From working with Airswift on projects over the last 18 months, we believe we can be a catalyst to ensuring the country has the very best talent to unlock the value of offshore wind.”

The ever-increasing electricity consumption, averaging 10% a year during the past decade and dependence on imported fossil fuels, has made Vietnam search for additional clean sources of power generation in its upcoming 10-year power development plan (PDP8). With over 3.000 km of coastline and some of the best offshore wind conditions in South East Asia, Vietnam is at the forefront of most coveted prospective offshore wind markets.

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