Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri

Vietnam’s BB Group and the US’s Quantum Group will jointly develop a gas industry centre and a seaport in the central province of Quang Tri, according to an agreement signed by the two corporations and the provincial People’s Committee in Dong Ha city on April 25.

Monday, April 25, 2022 18:42

Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri ảnh 1

A gas industry centre and a seaport will be built in the Quang Tri Southeast Economic Zone. (Photo: tinhuyquangtri.vn)

Quang Tri (VNA) - Vietnam’s BB Groupand the US’s Quantum Group will jointly develop a gas industry centre and aseaport in the central province of Quang Tri, according to an agreement signedby the two corporations and the provincial People’s Committee in Dong Ha cityon April 25.

Both projects will be located in the Quang TriSoutheast Economic Zone.

The 140ha gas industry centre will be built from2022 to 2030 with total investment of 5 billion USD. It will include anatural-gas processing plant, a liquefied natural gas plant, and onshore gas andfloating gas storage facilities.

Gas industry centre, seaport worth 5.5 billion USD to be developed in Quang Tri ảnh 2

Vietnam’s BB Group, the US’s Quantum Group and the Quang Tri People's Committee sign an agreement for a gas industry centre and a seaport to be built in the province on April 25. (Photo: VNA)

The 275ha Quang Tri seaport will cost about 500million USD. It will be capable of accommodating ships of up to 180,000 tonnes,and is planned for completion by 2025.

According to a representative from BB Group, thetwo projects are expected to create socio-economic breakthroughs for Quang Tri./.

VNA

#BB Group #Quantum Group #gas industry centre #seaport #Quang Tri #Quang Tri Southeast Economic Zone #Vietnam #Vietnam news #Vietnam News Agency #Vietnamplus Quang Tri

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