16:35 | 01/03/2019 Economy
Prime Minister Nguyen Xuan Phuc has requested that Thailand’s Siam Cement Group (SCG) continue investing in Vietnam and accelerate the implementation of investment projects in the Southeast Asian country.
|PM Nguyen Xuan Phuc hosts a reception for SCG President and CEO Roongrote Rangsiyopash - Photo: VNA|
He made the recommendation while receiving SCG President and CEO Roongrote Rangsiyopash in Hanoi on February 26.
The PM hailed the group for its investment activities in Vietnam in various fields such as chemicals, construction materials, and packaging, which make practical contributions to the strategic partnership between Vietnam and Thailand.
He said Vietnam attaches great importance to enhancing the strategic partnership with Thailand and expressed his pleasure in the strong development of cooperation between the two countries’ businesses.
The PM asked SCG to ensure the progress, efficiency, and environmental protection for the petrochemical complex project in southern Vietnam, in accordance with the group’s commitments and Vietnamese law.
Rangsiyopash said the group has proactively worked with Vietnam’s relevant agencies to promote the implementation of the project, which is expected to be operational in 2023.
About 400 contractors and 60 Vietnamese engineers are working on the project, he said, adding that these engineers will be given intensive training to improve their professional skills.
The Thai group is committed to ensuring the progress of the project, as well as its security, safety, and environmental protection, he affirmed.
The PM highly appreciated the group’s strong determination and stressed the petrochemical industry is an important field for Vietnam’s economy. He urged the group to complete the project as soon as possible.
Vietnam will ensure a favourable business investment environment for foreign investors, including those from Thailand, he said.
He expressed his belief that the Vietnamese investment activities of SCG in particular and Thai investors in general will continue contributing to the sound relations between the two countries.