Gov’t ups investment in nation’s first oil refinery
The investment package for the Dung
Quat oil refinery project will rise to almost 3.054 trillion USD from
the original investment of 2.501 trillion USD, according to the
Government’s latest decision.
The investment package for the Dung
Quat oil refinery project will rise to almost 3.054 trillion USD from
the original investment of 2.501 trillion USD, according to the
Government’s latest decision.
The freshly-approved budget for the project includes almost 2.481 trillion USD for engineering, procurement and construction (EPC) contracts, 215.6 million USD for non-EPC contracts and 200 million USD for floating capital.
The budget is also allocated to feed a hedge fund of over 67.4 million USD for ground clearance, as well as financial support for displaced residents./.
The freshly-approved budget for the project includes almost 2.481 trillion USD for engineering, procurement and construction (EPC) contracts, 215.6 million USD for non-EPC contracts and 200 million USD for floating capital.
The budget is also allocated to feed a hedge fund of over 67.4 million USD for ground clearance, as well as financial support for displaced residents./.
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