Binh Dinh terminates investment attraction for oil refinery project

The central coastal province of Binh Dinh has decided to end investment attraction for the petrochemical oil refinery project in Nhon Hoi Economic Zone due to its unfeasibility.

In the coming time, the province will continue its other investment promotion activities while creating favourable conditions for investors from Japan and the EU to land their investments in the locality.

After receiving agreement from relevant ministries and agencies, the province will work to lure investment projects to the Industry-Trade-Service-Urban Becamex-Binh Dinh complex, which covers 2,400 hectares in Canh Vinh commune, Van Canh district.

This overriding priority is also given to investment attraction in other projects, including the Japanese Yo Yo frozen aquatic processing plant, Vinh Loi aquatic industrial complex and Cat Khanh seafood processing zone.

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