PM hosts investors of Nghi Son oil refinery, petrochemical project
Prime Minister Nguyen Xuan Phuc has said he welcomes investors from Kuwait Petroleum International (KPI) and Japan to inject money into the Nghi Son oil refinery and petrochemical complex project.
Prime Minister Nguyen Xuan Phuc (R) and CEO of KPI Nabil Bourisli (Photo: VNA)
Thanh Hoa (VNA) – Prime MinisterNguyen Xuan Phuc has said he welcomes investors from Kuwait PetroleumInternational (KPI) and Japan to inject money into the Nghi Son oil refineryand petrochemical complex project in the north central province of Thanh Hoa.
He made the statement while receiving CEO of KPI NabilBourisli and some leaders of Japanese firms that are strategic investors of theproject in Thanh Hoa on December 23.
Vietnam contributed a quarter to the project’s total capital,he noted.
The government leader hailed the active andresponsible cooperation of the involved parties, including the Ministry ofIndustry and Trade and the Vietnam Oil and Gas Group (PetroVietnam) to carryout the 9-billion-USD project.
Nabil Bourisli thanked the Vietnamese governmentto back the implementation of this project and shared joy over its commercialoperation.
At the reception, PM Phuc also cleared up recommendationsfrom investors. He ordered relevant ministries and departments to put forthmeasures to ensure rights and interests of the government and investors basedon legal regulations.
The PM asked investors to ensure effectiveoperation of the plant and soon expand its second phase.
He affirmed that the government alwaysencourages and creates the best conditions for foreign businesses to invest inVietnam.
The Nghi Son oil refinery and petrochemicalproject has been carried out since 2013.
It is invested by PetroVietnam (25.1 percent),KPI (35.1 percent), and the Japanese firms Idemitsui Kosan (35.1 percent) andMitsui Chemicals (4.7 percent).-VNA
Central Thanh Hoa province will put more focus on solving problems for Nghi Son Oil Refinery project to soon put it into use, said Secretary of the provincial Party Committee Trinh Van Chien on November 21.
The People’s Committee of the north central province of Thanh Hoa has handed over an expanded site in the Nghi Son Economic Zone and local industrial parks for the implementation of the Nghi Son Oil Refinery and Petrochemical (NSRP) complex.
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Prime Minister Nguyen Xuan Phuc (R) and CEO of KPI Nabil Bourisli (Photo: VNA)
