7:12 AM, 10/08/2007
PM okays investments in Hòa Tâm IP and Naphtha Cracking Complex
VNGOP – The PM on August 8 accepted the plan to invest in the infrastructure construction project for the 1,300-ha Hòa Tâm Petro-cehmical Industrial Park, Phú Yên Province, and the project on Naphtha Cracking Complex invested by the Singaporean SP Chemicals Ltd.
| The PM agreed to include the Naphtha Cracking Complex project in the list of Việt Nam Oil and Gas Development Planning Schemes during 2006-2015 and Orientations to 2025. The complex using the imported or domestic naphth is expected to reach a capacity of 800,000 tons of etylen per year. The Government chief approved the addition to the overall planning scheme of Vietnamese seaport system a specialized port at Bãi Gốc, Hòa Tâm Commune, Đông Hòa District, Phú Yên Province, which can receive 250,000 DWT vessels to serve the Hòa Tâm Petro-chemical IP. The Phú Yên Province People's Committee was assigned to instruct investors in darfting the project profiles and completing all investment procedures under current stipulations. By Hoàng Nguyên Hồ |
