ANNUAL REPORT: PVCFC

SITUATION OF PROJECT

INVESTMENT AND IMPLEMENTATION

PVCFC has invested in construction of infrastructure systems for production activities, building shipping ports, establishing new offices in HCMC suitable for PVCFC’s development model in the future, purchasing Korea-Vietnam Fertilizer Co. Ltd, (KVF) to produce Korea-Vietnam NPK products.

Projects implemented in 2023:

1

Housing project for employees of PetroVietnam Ca Mau Fertilizer JSC - LC: Completing construction drawings and project estimation; completing site leveling, selecting investors for the remaining packages of the projects.

2

Expanding rain cover roof sheet for Ca Mau Fertilizer Plant: Completing approval of construction design, selecting contractors for bidding packages.

3

Regarding Thanh Hoa Research, hi-tech agricultural production technology application and transfer Center: PVCFC has completed appraisal and approval of 1/500-scale detailed construction planning project; feasibility study of construction investment is being approved for appraisal and approval..

4

Project of additional warehouse 12,000 tons: Completed feasibility study report.

5

Production project of CO2 in food sector at Dam Ca Mau Fertilizer Plant has completed preparatory phase of investment and under investment implementation, the project will be set for trial run in Quarter 4 2024.

6

Contact headquarter in HCMC: Completing property transfer process (June 6 2023, receiving certificate of land use right).

7

Industrial gas production project at Ca Mau Fertilizer Plant: Under preparatory phase of investment.

Apart from planning equipment purchase for management, cybersecurity remains as a key task to ensure continuous, safe operation, digitizing management activities, improving labor productivity.