Two large corps ink comprehensive cooperation deal

Vietnam National Oil and Gas Group (PetroVietnam) yesterday signed a comprehensive cooperation agreement with Vietnam Industrial Construction Group (VNIC) in Hanoi.

Dinh La Thang, PetroVietnam’s chair stated that his group agreed to allow VNIC to become the contractor member in EPC contracts for construction projects of three thermo power plants of Thai Binh 2, Long Phu 1 and Song Hau 1 as well as the main contractor of EPC contracts of Quang Trach 1 thermo power plant in Quang Binh province and Luang Prabang in Laos.

PetroVietnam will use the industrial products supplied by VNIC such as cement, steel products.

In the signing ceremony, PetroVietnam Finance Joint Stock Corp (PVFC) also signed cooperation agreements with VNIC and Song Da Joint Stock Finance Co, in which PVFC will provide services of offering loans, capital arrangement for VNIC’ projects.

TBKTVN

Tags: Long Phu 1, Song Hau 1, Thai Binh 2, Vietnam energy, Vietnam power plants

Posted by VBN on May 19 2010. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry