Russia’s Rosnhepchegat and domestic firm Viet Nga Investment and Technology JSC have proposed constructing a US$1 billion petrol plant sourced through coal in Quang Ninh province.
- President commits to favourable conditions for Russian investors
- Russian investors keen on Vietnamese market
On-site low quality coal will be used to feed the plant to be built in Cam Pha district which is rich in coal reserves.
The plant will use globally advanced, environmentally friendly technology. It is expected to generate 10,000 jobs for local people and those from neighbouring areas.
During a recent working session with provincial leaders, Rosnhepchegat chairman Milogolov Valeri Pavlovich expressed his company’s desires to invest in the project and sought Quang Ninh’s support for it.
Nguyen Van Thanh, Vice Chairman of the provincial People’s Committee, assured his guest the province will create the best possible condition for the investor to carry out the project in the second quarter this year.
Đăng ký: VietNam News
