Petrosetco's project financed by VDB
14/12/2015 12:12
VDB branch of Thanh Hoa has signed a credit agreement to finance VND 400 billion as state credit to the second phase of the project of residence and service construction serving Nghi Son refinery petrochemical complex owned by Petrovietnam General Services Joint Stock Corporation (Petrosetco).
Located in Xuan Lam and Nguyen Binh communes (in Nghi Son Economic zone), Tinh Gia district, Thanh Hoa province, the project consists of nine 7-storey buildings with 580 residential apartments and ancillary works. The project’s total investment is over VND 811 billion, of which VDB financing as State investment credit up to VND 400 billion for a maturity of 11 years and 4 months, grace period of one year and 4 months.
Once completion, the project will accommodate employees and experts working in Nghi Son refinery petrochemical complex. It creates jobs and incomes for thousands of local people, contribute to Nghi Son economic zone’s stability and development, accelerate Thanh Hoa’s social-economic development./.