EPC contract signed for Hai Phong Port project between TOP SOLVENT Vietnam (Thaioil Group) and PTSC

In the afternoon of January 29^th, 2018, at PTSC’s Head quarter, the signing ceremony of EPC contract for Hai Phong Port Project was held with the attendance of investor - Top Solvent Vietnam (Thaioil Group) and EPC contractor – PTSC

Hai Phong Port Factory Project has a total investment of over VND300 billion with the construction area of ​​nearly 4,000 m2 in Dinh Vu Industrial Zone, Dong Hai Ward, Hai An District, Dinh Vu - Cat Hai Economic Zone, Hai Phong province. The plant has been built including warehouses, tanks for pumping and storage of dissolved solvents and petrochemicals with the amount of approximately 240,000 tons/year; outputs shall be 15,000 barrels / month, equivalent to 26,000 tons/ year

As an independent EPC contractor, after pre-qualification and bidding procedures, technical and commercial clarifications as well as negotiating contract under the highest international standard of Thaioil Group, PTSC has been selected as EPC contractor for the project among potential and competitive bidders in the region.

According to the contract, the plant is planned to be executed within 10 months. When the plant goes into operation phase, the project will contribute significantly to the national economic development and create jobs for many local workers

At the ceremony, General Director Nguyen Anh Huy, representative of the investor, expressed his strong belief in the capability, experience and professionalism of PTSC. In response to the trust of the investor, Mr. Phan Thanh Tung – PTSC’s CEO and President gave commitment to finish the project in time ensuring quality and efficiency.

With the signing of EPC contract, this project marked a milestone in the direction of service development for industrial projects of PTSC, contributing in building professional image and competitiveness regionally and internationally.