The Management Board of Industrial Zones in coastal Ba Ria-Vung Tau Province has granted an investment license to the Long Son Petrochemical Co Ltd. to build a petrochemical complex in Long Son Commune, Vung Tau.

The Long Son Petrochemical Complex, which will be built on an area of around 400 hectares, will consist of various technological complexes that will produce petrochemical products such as ethylen, propylen, and HDPE.

The project has a total investment capital of US$ 3.77 billion and will be completed in the second quarter of 2013.

Source: TPO

Translated by Vu Hung