Singapore plans to invest US$11 bln in Vietnam

10-Sep-07
Singapore's SP Chemicals Ltd. Co. plans to invest US$11 bln in a project to build the Hoa Tam Petrochemical Industrial Zone and the Naphtha Cracking Phu Yen Petrochemical Complex in southern Phu Yen province. The project, the largest so far in Phu Yen, will set aside US$1.5 bln for the first stage from now to 2014 to build infrastructure for the Hoa Tam IZ, a specialised portable to receive 250,000 DWT ships, and a petrochemical complex of 11 plants with a capacity of 800,000 tpa of ethylene. In the following decade, the investor will add US$3.5 bln and its partners contribute another US$6 bln to other projects.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha