Mon, 17/12/2018 01:00 Chiều (GMT+7)

FOREIGN INVESTMENT AGENCY - MINISTRY OF PLANNING AND INVESTMENT

INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM

$60 million stainless steel plant is to be constructed in Quảng Trị

The central province of Quảng Trị has licensed domestic firm Việt Quang Limited Company to build a stainless steel plant with total investment of US$60 million.

Late last week, local authorities investigated a site in the province’s South East Industrial Park and granted the land plot to Việt Quang.

The plant will occupy 31ha of land in the industrial park located in Hải Lăng District.

Local authorities asked the company to finalise their plans to issue a report soon for the construction planned to commence in the first quarter of the year 2019.

Local departments of environment and natural resources, and agriculture and rural development will work closely with the company to identify the total amount of agricultural and forest land that will be lost for the plant’s construction, as well as the project’s possible impacts on agriculture and nature.

Quảng Trị formed the South East Industrial Park in 2015 on a total area of 23,792ha, occupying farming land and land in the coastal protected forest in the three districts of Gio Linh, Triệu Phong and Hải Lăng. The park has remained almost entirely empty.

Source Vietnamnews.vn


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