$4.5bil Long Son petrochemical complex slated for 2017Construction is expected to start in the latter half of 2017 for the long-delayed US$4.5 billion project Long Son Petrochemical Complex in Ba Ria – Vung Tau Province. SCG is developing several new projects, including a ceramic tile production in the north and an expansion of the existing craft paper plant in the south. Financial solutions for project implementation are expected to be worked out in the first half of 2017. Licensed in 2008, the project, with SCG, Qatar Petroleum International and PetroVietnam as investors, has faced difficulties including the withdrawal of the Qatari partner. About 360 students received scholarships each worth VNĐ4 million (US$180), increasing the number of beneficiaries to 4,000.

Source: VietNamNet News July 15, 2016 00:33 UTC