Prime Minister Nguyen Tan Dung orders to start construction on Nghi Son refinery and petrochemical complex. — Photo Duc Tam
HA NOI (Biz Hub) — Construction started today on a $9 billion Nghi Son refinery and petrochemical complex in the central province of Thanh Hoa, Viet Nam’s largest-ever FDI project.
Speaking at the grounding ceremony, Prime Minister Nguyen Tan Dung appreciated the efforts made by Vietnam National Oil and Gas Group (Petrol Vietnam), foreign investors, Nghi Son Refinery and Petrochemical Company and EPC (engineering, procurement and construction) contractors to arrange capital and finish investment procedures to enable the project’s inauguration.
Dung said local authorities and relevant sectors effectively undertook site clearance and co-ordination among relevant ministries and sectors.
He thanked the governments of Japan and Kuwait for their active support and expressed gratitude to the Kuwait government for donating US$3 million in relief funds to Viet Nam after the recent storm damaged large parts of the central region.
Dung emphasised that the project was only beginning and that there was a lot of work ahead. He told investors and EPC contractors (JGC Corporation and Chiyoda Corporation from Japan, GS Engineering & Construction Corporation and SK Engineering & Construction Co. from South Korea, Technip France and Malaysia’s Technip Geoproduction) to do all they could to ensure quality.
The Government leader told investors and EPC contractors to do all they could to ensure quality. — Photo Duc Tam
He also asked relevant sectors and the province to work together to solve potential problems, assume responsibility for creating jobs and make sure people were moved to adequate resettlement areas.
Authorities in Thanh Hoa Province will have to closely co-operate with the project’s investors in vocational training and hiring when the complex opens.
The project is expected to create thousands of jobs during the construction period and more than 1,000 jobs when operational.
Attending the ceremony were former General Secretary Le Kha Phieu, former Prime Minister Phan Van Khai, former Chairman of National Assembly Nguyen Van An, Kuwaiti Deputy Prime Minister and Minister of Oil Mustafa Al-Shamali, leaders of relevant ministries, sectors and local authorities and representatives of foreign organisations and businesses.
The project is a joint venture between Petro Vietnam with a 25.1 per cent stake, Kuwait Petroleum International with 35.1 per cent, Japan’s Idemitsu Kosan with 35.1 per cent and Mitsui Chemicals with 4.7 per cent.
The 400-hectare project will meet 70 per cent of domestic demand for energy in the future, with an annual capacity of 10 million tonnes of crude oil (200,000 barrels) per day.
According to plan, the project’s first phase will be completed by 2017. It will supply 2.3 million tonnes of gasoline, 2.9 million tonnes of diesel, 380,000 tonnes of polypropylene, 900,000 tonnes of aviation turbine fuel and nearly 700,000 tonnes of other liquified petroleum gas (LPG) annually.
Chairman of Thanh Hoa People’s Committee Trinh Van Chien will award an amount less than or equal to VND500 million to organisations and individuals who mobilise investment in the Nghi Son economic zone and other industrial zones in the province. — VNS
Đăng ký: VietNam News