The method and procedure of Asset evaluation of petrochemical project are discussed in this paper.

The principle and basis of fixing price for the raw materials,land,utility supply and auxiliary facilities in sino-foreign joint venture petrochemical projects have been desoribed in this paper.

From the angle of accounting treatment,the paper looks back on problems existed in present investment estimation of petrochemical projects The investment estimation plays an important role in feasibility study The meaning of doing this is for the better understanding of the principles of accounting treatment,so as to work out the report of feasibility study correctl

Foreign investment and consulting companies have a complete set of operational procedure and evaluation system for the product market analysis of petrochemical project.

Pattern transfer of value-added tax from production type to that of consumption affects significantly investment and economic profit of petrochemical construction project:first,the investment establishment and economic assessment mode of the project will change;secondly,it will lower tax,construction investment and the cost,hence,the economic profit will be escalated.

This paper introduces the execution and implementation of PMC management mode in Nanhai Petrochemical Project,including the organizational framework,project phase,high standard HSE management and sustainable development objective,project procurement and IT management.