Project Title: Hydrogen Mobility & Technology Showcase for Tourism and Sustainable Development

The Vietnam ASEAN Hydrogen Club (VAHC), in partnership with Nice Tourism Co., Ltd and hydrogen bus, electrolyzer, and refueling station partners, is calling for sponsors and partners to jointly establish a Hydrogen Mobility & Technology Showcase project to demonstrate a green hydrogen ecosystem for tourism and sustainable development, ahead of APEC Phu Quoc 2027.

Project Title: Hydrogen Mobility & Technology Showcase for Tourism and Sustainable Development

Project Location:

• Cà Mau: U Minh Hạ, Đất Mũi, Cảng Hòn Khoai, Cà Mau Airport and central city area

• Kiên Giang: Phú Quốc Island (replication of the model)

Project Duration: 2026 – 2027 (Launch prior to APEC 2027)

Lead Partners: VAHC, Nice Tourism Co., Ltd, and inviting H2 bus, electrolyzer and refill station partners

Co-Leadership Partner: GREEN IN

Supporting Partners: inviting PV Gas Cà Mau / Đạm Cà Mau (hydrogen supply), Samco / Wisdom Motor (buses), local authorities, international donors (EU, Japan, South Korea, NGOs)

1. Project Purpose & Concept

The primary purpose of this project is to establish a green, zero-emission economic community utilizing hydrogen technology. It aims to create a hydrogen ecosystem that showcases hydrogen applications through a Hydrogen Experience Showroom co-located at the hydrogen refueling station. The showroom will demonstrate a variety of hydrogen products and technologies, including:

• Hydrogen health applications

• Hydrogen-powered agriculture technologies

• Hydrogen motorcycles

• Other innovative hydrogen-based solutions

The project also demonstrates hydrogen applications in mobility and tourism. Key components include:

• Hydrogen Production Station

• Hydrogen Refueling Station & Depot

• Hydrogen Fuel Cell Bus Fleet (3 buses)

• Hydrogen Technology Experience Showroom

• Replication in Phú Quốc

2. Project Objectives

• Showcase practical hydrogen applications

• Raise awareness among policymakers, investors, public

• Establish replicable hydrogen mobility model

• Attract international collaboration

• Promote eco-tourism and green innovation

3. Engagement with Provincial Authorities

• Official working sessions with Cà Mau and Kiên Giang authorities

• Request approvals and land allocation for production, refueling, depot, showroom

• Alignment meetings to ensure regulatory compliance
  Timeline: Q1–Q2 2026

4. Project Activities & Timeline

5. Budget & Financing

Estimated Cost: $3,740,000

Estimated CAPEX and Equipment Costs (2025 Market)

Notes: Bus prices may range 200,000 – 700,000 USD; electrolyzer CAPEX 500,000 – 1,600,000 USD; H2 Refill station 1–4 million USD. Market price in 2025.

OPEX Analysis

Assumptions:

• Hydrogen consumption per bus: 30 kg/day

• 3 buses operating 300 days/year → total H₂ = 27,000 kg/year

• Electrolyzer efficiency: 65 kWh/kg H₂

• Electricity cost: 0.08 USD/kWh

• Maintenance: electrolyzer 3% CAPEX/year, HRS 2% CAPEX/year, buses 5% CAPEX/year

• Personnel: 2 operators, 12,000 USD/year each

Levelized Cost of Hydrogen (LCOH)

• Annualized CAPEX: 4,540,000 / 10 years = 454,000 USD/year

• Total Annual Cost (CAPEX + OPEX): 454,000 + 300,400 = 754,400 USD/year

• Hydrogen produced annually: 27,000 kg

LCOH: 754,400 / 27,000 ≈ 27.9 USD/kg H₂

Funding Sources

• Grants (EU, Japan, South Korea, NGOs): 50%

• Provincial support (land, infrastructure): 20%

• Private sponsorships: 30%

Revenue & ROI: eco-tourism ticket sales, hydrogen product demos, sponsorships; payback 5–7 years.

6. Project Impact

• Economic: tourism, green economy, FDI

• Environmental: zero-emission transport

• Social/Educational: public awareness, workforce training

• Policy/Strategic: Vietnam leadership in hydrogen before APEC 2027

7. Stakeholder Roles

8. Risk Management

• Technical: hydrogen safety, Neuman & Esser oversight

• Financial: diversified funding

• Operational: staff training

• Regulatory: early engagement with authorities

9. Conclusion & Next Steps

• Confirm GREEN IN co-leadership

• Finalize collaboration with PV Gas / Đạm Cà Mau & bus partners

• Conduct official provincial meetings to secure approvals and land

• Begin feasibility & site planning Q1 2026

10. Contact Information

Vietnam ASEAN Hydrogen Club (VAHC)

• Address: Room 101, Royal Kim Sơn Building, 112 Nguyễn Văn Hưởng, An Khánh Ward, Ho Chi Minh City, Vietnam

• Email: contact@vahc.com.vn

• Website: www.vahc.com.vn

Note: The partners listed above are assumed only, except for VAHC and Nice Tourism, which are confirmed. The partners may be updated if they withdraw from the project for their own reasons.