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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
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