News - Event / News

The Ceremony of Signing Construction Contract worth 10 million USD at Long Son Petrochemical Complex

On September 29 2020, Tan Phuoc Thinh Construction and Investment JSC signed the contract to assign World Steel Construction JSC to implement steel structure item for package H&I-8 of Long Son Petrochemical Complex Project.

Mr. Pham Van Triem – Chairman of Tan Phuoc Thinh Construction and Investment JSC speaking at the Ceremony

According to the signed contract, World Steel Construction JSC will design, manufacture and install steel structure of Warehouse worth 221 billion VND – equivalent to 10 million USD within 8 months from September 15 2020. This is an important item of package H&I-8 to build the warehouse with total area 56.000 m2, worth 465 million VND in Long Son Petrochemical Complex Project undertaken by Tan Phuoc Thinh JSC.

Mr. Pham Van Triem – Chairman of Tan Phuoc Thinh Construction and Investment JSC and Mr Nguyen Khanh Lam- Chairman/General Manager of World Steel Construction JSC Signing the contract.

Tan Phuoc Thinh Construction and Investment JSC is undertaking 2 packages of Long Son Petrochemical Complex with total value nearly 800 billion VND. 

Two parties take picture at the signing contract

Southern Petrochemical Complex Project (at Long Son commune, Vung Tau city) is one of the projects that have a great influence on the province's economic development, expected to be completed in 2022. When entering operate, the project will create a strong spillover force in many fields, especially in supporting industry, attracting new investment trends in the post-petrochemical sector, creating the resilience for the province's economy. With total investment of 5,4 billion USD, Southern Petrochemical will attract about 1.000 skilled workers and contribute about 60 million USD/year to the budget.

Source: Bà Rịa - Vũng Tàu News