Vietnam Guanchao Project contracted by TCDRI began install

November 21, Vietnam Guanchao Project, an EP+M project contracted by TCDRI began install.

Located in central Vietnam, the project contains a whole production line from limestone crushing to cement packing and dispatching, including engineering design, equipment supply, equipment installation, civil engineering, technical services and commissioning. The period of the contract is 24 months.

The project is an EP+M contract. Vienam Bach Dang Construction Co., Vienam Phuc Hung Construction Co., and Vienam Lilama Installation Co. are responsible for civil engineering and installation respectively. As the chief representative of the contractors, TCDRI is responsible for engineering design, equipment supply, technical services and management. It can minimize the risk of current foreign exchange fluctuation and rise in material cost in order to reduce the pressure caused by economic instability in Vietnam. Based on EP and EPC modes, the EP+M mode is a new way of cooperation for TCDRI in face of the current economic situation.