Work on a US$235.29M Oil & Gas Service IP to Start This Yr in Southern Province

10:00:57 PM | 7/30/2009

PetroVietnam Construction Joint Stock Company (PVC), an affiliate of the state-run oil monopoly PetroVietnam Group, is speeding up preparations to begin construction within the year of an oil and gas service industrial park (IP) costing nearly VND4 trillion (US$235.29 million) in the southern province of Tien Giang.
 
The IP will consist of warehouses for oil and gas products and factories to build and repair oilrigs and oil tankers.
 
The IP will occupy 920 hectares in the Tan Trung commune of the Go Cong Township and the Tan Phuoc commune of the Go Cong Dong district. (Vietnam Economic Times)