The central province of Binh Dinh will create optimal conditions for operations of businesses from Guangxi, China, said Vice Chairman of the provincial People’s Committee Phan Cao Thang.

The local authorities promise to support the Mingyang biochemical group in particular to run the post-starch processing plant in Binh Dinh’s Nhon Hoi economic zone, Thang told Vice President of the Guangxi Zhuang Autonomous Region Wei Chao An – who visited the province on April 30 and May 1.

Wei Chao An underlined cooperation potential in economics and investment between the two localities, citing the construction of the 68-million-USD Mingyang post-starch processing plant as a vivid demonstration of bilateral cooperative ties.

The plant could process 100,000 tonnes of products per year, he added.

He called on the two localities to expand affiliation to other fields such as culture and education in the coming time.

As many as 36 projects in the Nhon Hoi economic zone received investment licenses with a total registered capital of over 1.53 billion USD.

Particularly, Binh Dinh province is expediting the implementation of an 22-billion-USD oil refinery complex project at the zone, which is capable of refining 20 million tonnes of crude oil a year, together with many other projects.-VNA