Trang chủ » News » PM Nguyen Xuan Phuc agreed to develop Dung Quat Economic Zone as National Petrochemical and Refining Center.
PM Nguyen Xuan Phuc agreed to develop Dung Quat Economic Zone as National Petrochemical and Refining Center.

According to the State Government  Portal, at the Government Headquarters, Prime Minister Nguyen Xuan Phuc toghether with  Deputy Prime Minister Vuong Dinh Hue, leaders of some ministries chaired a meeting with Quang Ngai’s key leaders to solve the problems of the province in implementing some important socio-economic projects.

At the meeting, Quang Ngai leaders proposed to the Central Government to adjust and supplement the development orientation of Dung Quat Economic Zone into National Oil and Gas Refining and Petrochemical Center into the planning of national energy, development of electricity, reserve infrastructure, and petrol supply.

The meeting’s scene.

According to the province’s report, Dung Quat Oil Refinery is a nuclear development in Dung Quat Economic Zone. Currently, the Vietnam Oil and Gas Corporation has been implementing the project to upgrade and expand Dung Quat oil refinery up to 8.5 million tons per year. In 2017, the Dung Quat Oil Refinery achieved more than 6.1 million tons, the revenue reached 82,021 billion and the first quarter of 2018, the revenue reached more than 24,000 billion.

The province also mentioned some recommendations on investment and expansion of the capacity of Chu Lai International Airport. According to the plan, by 2025, it will develop into a cargo hub with a capacity of 5 million tons of cargo per year and 4.1 million visitors per year.

Speaking at the meeting, the Prime Minister said that Quang Ngai has a lot of prosperity, great determination in development. He added that Quang Ngai has many potential and advantages, but it is also a poor province with 80% of budget subsidies. The Prime Minister emphasized the desire of the province to continue to work harder and to co-operate to bring the province forward.

The PM agreed to develop Dung Quat Economic Zone as National Petrochemical and Refining Center. Looking forward, the Prime Minister agreed to upgrade and expand the Dung Quat oil refinery.

To promote fast and effective economic development, the Prime Minister requested Quang Ngai to promote investment in infrastructure system, especially the airport. In the development orentation, much more attention should be paid to the use of a combination of central and local capital, land resources and private fund and through the form of PPPs investment.

The Prime Minister also stated that equality of competition and policies should be stable, long-term, consistent and easy for investors. He requested the province to continue to attract investment, promote the improvement of business environment.

Regarding Chu Lai Airport’s investment proposal, the Prime Minister assigned the Ministry of Transport to take initiative in implementing international cooperation or attracting social investment to build an international transportation center such as increasing the level of passenger transport. Quang Nam and Quang Ngai are responsible for protecting and safeguarding Chu Lai airport for long-term development, considering it an important condition for the development of industry and services in this area.

The Prime Minister also commented on some other proposals of Quang Ngai with the spirit of support, creating a boost for development of Quang Ngai province.

By T.Giang

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