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 in the north central province of Thanh Hoa.
Prime Minister Nguyen Xuan Phuc (R) and CEO of KPI Nabil Bourisli (Photo: VNA).
He made the
statement while receiving CEO of KPI Nabil Bourisli and some leaders of
Japanese firms that are strategic investors of the project in Thanh Hoa on
December 23.
Vietnam contributed a quarter to the project’s total capital,
he noted.
The government leader hailed the active and responsible
cooperation of the involved parties, including the Ministry of Industry and
Trade and the Vietnam Oil and Gas Group (PetroVietnam) to carry out the
9-billion-USD project.
Nabil Bourisli thanked the Vietnamese government to back the
implementation of this project and shared joy over its commercial operation.
At the reception, PM Phuc also cleared up recommendations
from investors.
He ordered relevant ministries and departments to put forth
measures to ensure rights and interests of the government and investors based
on legal regulations.
The PM asked investors to ensure effective operation of the
plant and soon expand its second phase.
He affirmed that the government always encourages and creates
the best conditions for foreign businesses to invest in Vietnam.
The Nghi Son oil refinery and petrochemical project 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) and Mitsui
Chemicals (4.7 percent).-
Source: VNA
(HBO) – According to the Deputy Permanent Secretary of the Party Committee of Hoa Binh, the province has focused on external relations work. Many orientations in the field have been flexibly applied into the reality, helping the locality mobilise resources from the outside for the local socio-economic development as well as security and defence.
(HBO) – Bui Van Cuong, born in 1986, is a youth union member in Chang Ngoai hamlet of Dong Phong commune, Cao Phong district. He is known for his dynamism in changing crop structure and active participation in local movements. He has also shared his family’s experience in agricultural production and economic development with local peers and residents.
(HBO) - The Ho Chi Minh Communist Youth Union of Hoa Binh province in conjunction with the provincial young theoretical club, and the Ho Chi Minh Communist Youth Union of the Cong San (Communist) Review, organised a seminar on revolutionary ideal education for the youth in the context of the fourth industrial revolution.
(HBO) – As a mountainous district countering many difficulties, Da Bac has built and multiplied many good models to contribute to its stability and growth as part of efforts to implement the Politburo’s Directive 05 on the strengthening of studying and following President Ho Chi Minh’s thoughts, morality and style.
(HBO) – Tran Dang Ninh, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council of Hoa Binh, attended a ceremony marking the 65th anniversary of Vietnam-Mongolia diplomatic relations (November 17) in Hanoi on November 18.
(HBO) - Throughout the residential areas in Hoa Binh province, a vibrant festival of national unity was held. This is a great festival of the entire people to be held once a year on the occasion of the founding of the Vietnam National Unity Front, now Vietnam Fatherland Front (November 18, 1930 - November 18, 2019).
