Hanoi – During Renzi’s visit to Vietnam, which precedes his visit to China, SACE announced a major operation with the involvement of Italian companies for the construction of one of the most technologically advanced petrochemical plants in Asia. SACE has guaranteed a loan of $200 million, provided by a syndicate of international banks in favor of the joint ventures for Nghi Son Refinery and Petrochemical Limited Liability Company (NSRP). The loan will be dedicated to the construction of a refinery and a greenfield petrochemical complex in the province of Thanh Vietnamese Hoa. The amount guaranteed by SACE will be used to finance the supplies of the twenty Italian SMEs active in the production of equipment for the oil & gas industry, under a contract for Engineering, Procurement and Construction services. (9Colonne)
