Vaisala inks its largest ever contract
Finnish company Vaisala has signed a 20 million-euro agreement with the National Hydro-Meteorological Service of Vietnam.
This is the company’s largest ever order.
The contract consists of weather radar and lightning detection networks and a software toolkit for weather forecasting supplied by the Finnish Meteorological Institute. Training and spare parts are also included in the deal.
“Vietnam faces weather related challenges every year: typhoons, storms, floods and severe lightning,” explains Kjell Forsén, Vaisala‘s president and CEO. “After establishing the meteorological infrastructure, the Vietnamese National Hydro-Meteorological Service will be able to serve the whole nation with high quality meteorological data and weather forecasts.”
The contract has been prepared over the past four years together with the National Hydro-Meteorological Service. Deliveries will commence after the final approval of the technical design and will be completed within two years.
The funding of the contract has been arranged via the Finnish Concessional Credit instrument provided to the National Hydro-Meteorological Service of Vietnam. This instrument forms part of Finland’s development co-operation portfolio, which is governed by the Ministry for Foreign Affairs of Finland.