PetroVietnam calls for European investment
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The event was jointly organised by PetroVietnam and the European Chamber of Commerce in Vietnam.
At the event, PetroVietnam General Director Do Van Hau said the group needs $40 billion from now until 2015 to implement a series of important projects that will speed up the development of its restructuring project approved by the Prime Minister.
PetroVietnam wants to cooperate with European partners in 40 projects in its five core fields, including in power production, finance, oil and gas technical services, Hau said.
It is also calling for financial investment in 10 of its member companies with the biggest market share – including PetroVietnam Fertiliser and PetroChemical Corporation, the PetroVietnam Construction Corporation and the PetroVietnam Insurance Corporation.
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