PXT: PVC-PT signs a construction contract

On May 19, 2016, the Board of Directors of Petroleum Pipeline & Tank Construction Joint Stock Company (PVC-PT) authorized the CEO to negotiate and sign a contract with the parent company Petrovietnam Construction Joint Stock Corporation (PVC) for Package No.4: Building the steel structure of coal storage for the Song Hau 1 Thermal Power Plant Project.

-          Total estimated value of contract: VND115,592,991,186 (VAT excluded)

-          Contractual party: Petrovietnam Construction Joint Stock Corporation (PVC)

-          Contractor: LILAMA Corporation

-          Investor: Vietnam Oil and Gas Group

-          Estimated construction time: 597 days, from July 01, 2016 to March 13, 2018.

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