RoK firm wins Long Son Petrochemical Complex contract
The Republic of Korea (RoK)’s Hyundai Engineering and Construction Company (HEC) has won a 320 million USD contract to build facilities at the Long Son Petrochemical Complex.
Hanoi (VNA) – The Republicof Korea (RoK)’s Hyundai Engineering and Construction Company (HEC) has won a 320million USD contract to build facilities at the Long Son Petrochemical Complex.
Online newspaper Bizlive reportedthat HEC has signed a deal to build a water supply and treatment plant at theLong Son Petrochemical Complex in the southern province of Ba Ria-Vung Tau.
The project will be carried outon a turnkey basis, meaning HEC will be responsible for the entireconstruction, from design to test operations. The company estimatesconstruction will take 47 months after ground is broken.
Once completed, the Long SonPetrochemical Complex will be the largest of its kind in Vietnam.
Long Son Petrochemical Co Ltd,owner of the 5.4 billion USD project, is a joint venture between Thaiconglomerate Siam Cement Group (SCG) and PetroVietnam.
SCG’s representative last monthsaid the company will start construction on the complex next year and the facilitywill start commercial operations by 2022.-VNA
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