Donald Trump announced a $300 billion
partnership between the United States and Reliance Industries Limited
¨ Donald Trump announced a
$300 billion partnership between the United States and Reliance Industries
Limited.
¨
The partnership aims to
build a major oil refinery in the United States.
¨
The project is called
America First Refining.
¨
It is expected to be the
first major refinery built in the U.S. in nearly 50 years.
¨
The refinery is being
built for the Port of Brownsville in Brownsville, Texas, United States.
¨
Officials say the project
could be the largest investment ever made in the United States.
¨
Developers claim the
facility will be the cleanest refinery in the world.
¨ This plan supports Trump's America First economic and energy strategy.
¨ This strategy focuses on reducing taxes and expediting permits for energy projects.