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
Nestled in the northwest, Hoa Binh province stands as a strategic gateway, connecting the bustling capital of Hanoi with the Red River Delta, north central and northeastern regions. Its unique location also links it to Upper Laos, making it a pivotal area for trade and cultural exchange.
The 17th-tenure Hoa Binh provincial Party Committee recently convened its 20th meeting. The session was chaired by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee; Bui Thi Minh, Standing Deputy Secretary of the provincial Party Committee and Chairwoman of the provincial People's Council; and Bui Duc Hinh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee. Also in attendance were other members of the provincial Party Committee and leaders of several provincial departments and agencies.
A delegation of the Indian Embassy in Vietnam led by Ambasador Sandeep Arya paid a working trip to Hoa Binh province on April 1, aiming to explore cooperation opportunities. The delegation was received by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, along with Nguyen Van Chuong, Vice Chairman of the provincial People’s Committee, and representatives from various departments and agencies.
A delegation from the Standing Board of the Hoa Binh provincial Party Committee led by Nguyen Phi Long, an alternate member of the Party Central Committee and Secretary of the provincial Party Committee, on March 20 inspected the progress of the Hoa Binh - Moc Chau expressway project in Mai Chau district.
The Steering Committee for the Development of Science, Technology, Innovation, and Digital Transformation of Hoa Binh province convened a meeting on March 11 to deploy key tasks.
Lac Son district is reorganising and streamlining its organisational apparatus and the contingent of officials, civil servants and public employees in line with Resolution 18 issued by the 12th Party Central Committee.
