Middle East Economic Survey

VOL. LIV

No 48

28-Nov-2011

KUWAIT

Kuwait And China Begin Construction Of $9.3Bn Refinery/Petchem Project

Construction work on the 59bn Yuan ($9.3bn) Kuwaiti-Chinese joint venture oil refinery and petrochemicals complex located in southern China began on 18 November, an official from state-owned China Petroleum and Chemical Corporation (Sinopec) said last week. The complex, set to be located on Donghai Island in the southern coastal city of Zhanjiang, is a joint...