15 November 2011 10:00 [Source: ICIS news]
TOKYO (ICIS)--A consortium of four Japanese firms have been awarded a contract by the Angolan government to design a fertilizer plant at Soyo in ?xml:namespace>
The consortium comprises of Japan-based Toyo Engineering, Mitsubishi Heavy Industries, Sojitsu and Sumitomo Corp, according to the statement.
The contract, awarded by
Construction of the facility is expected to be completed by the end of 2015 and is estimated to cost over yen (Y) 100bn ($1.3bn), the companies said.
The consortium is now aiming to receive a contract by the Angolan government to build the new facility, they said.
The new plant is expected to contribute to the local production of fertilisers by using domestically-sourced natural gas, the companies added.
($1 = Y77.1)
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