Post date: 03/12/2008

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Provincial People's Committee had a working session with B.G.M Group on Quang Binh Kaolin Project

(Quang Binh Website) - In the afternoon of December 02 008, the Provincial People's Committee had a working session with the B.G.M Group and the TRADE BGM Company on continuing the implementation of the Quang Binh Kaolin Project. Chairman of the Provincial People's Committee Phan Lam Phuong presided over the working.

Provincial People's Committee had a working session with BGM Group

Attending the working were Mr. Ladislav ADAMEC, Chairman of B.G.M Group together with representative of related departments and branches.

The Quang Binh - Bohemia Kaolin Project is the investment project with 100% of foreign capital, carried out by the BOHEMIA A.S Company (Cezch Republic). The Quang Binh - Bohemia Kaolin Limited Company takes responsibility for implementing the project. This is the biggest investment project of the Cezch Republic in Quang Binh with the total invested capital of over US$35 million. It is expected to finish construction and install technical equipment in the end of December 2008, striving to completing and putting it into operation next year.

At the working, the Group suggested the province to allow it to expand the area under exploitation; create condition to speed up the progress of site clearance and procedures for equipment transport to quickly install and put it into production.

Giving a speech at the working, Chairman of the Provincial People's Committee Phan Lam Phuong applauded the assistance of investors. He stressed "This is the project with 100% foreign invested capital. Once putting into operation, it will solve jobs for hundreds of laborers, promote the province's economic development and concurrently open up a new development direction for the province in calling for investors". On the side of Quang Binh, the province will direct related departments and branches to create favorable conditions for investor to implement and complete the project as scheduled.

Reported by T.H - Translated by N.Y

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