Monday, August 21 2017

VietNamNews

HEC wins Long Sơn Petrochemical Complex contract

Update: August, 09/2017 - 13:00
Model of the Long Sơn Petrochemical Complex. — Photo baobariavungtau.com.vn
Viet Nam News

HÀ NỘI — South Korea’s Hyundai Engineering and Construction Company (HEC) has won a US$320 million contract to build facilities at the Long Sơn Petrochemical Complex.

Online newspaper Bizlive reported that HEC has signed a deal to build a water supply and treatment plant at the Long Sơn Petrochemical Complex in the southern province of Bà Rịa-Vũng Tàu.

The project will be carried out on a turnkey basis, meaning Hyundai Engineering will be responsible for the entire construction, from design to test operations. The company estimates construction will take 47 months after ground is broken.

Once completed, Long Sơn Petrochemical Complex will be the largest of its kind in Việt Nam.

Long Sơn Petrochemical Co Ltd, owner of the $5.4 billion project, is a joint venture between Thai conglomerate Siam Cement Group (SCG) and PetroVietnam.

SCG’s representative last month said the company will start construction work on the complex next year and the facility will start commercial operations by 2022. — VNS

 

 

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