The total investment of Yushan Island Petrochemical Project is 500 billion, right?

The total investment of Yushan Island Petrochemical Project is 500 billion yuan. Yushan Island has a total investment of 82.93 billion yuan, which is the second phase project of 40 million tons annual refining and chemical integration of Zhejiang Petrochemical Company, and the total investment of Yushan Island Petrochemical Project is 500 billion yuan. The project is located in Yushan Island, Daishan County, Zhoushan City, with a land area of 9,825 mu and a construction area of 500,000 square meters. The main project includes 20 million tons/year oil refining, 4 million tons/year p-xylene, 6.5438+400,000 tons/year ethylene and downstream devices. Supporting projects include storage and transportation projects, public supporting projects and environmental protection projects. After the project is completed, it will form an annual production capacity of 20 million tons of oil refining, 4 million tons of p-xylene and ethylene.