11:33 | 15/01/2016 Industry
Construction of the Hoa Sen Nhon Hoi steel sheet plant commenced on January 8 at Nhon Hoi Economic Zone, in the central province of Binh Dinh.
Steel production in Hoa Sen Binh Dinh plant at Nhon Hoa industrial zone (Photo: baodautu.vn)
Covering 12.4 hectares of land, the plant is an investment by Vietnamese steel producer Hoa Sen Group at the total cost of 2 trillion VND (89 million USD).
Expected to commence operations in June, 2017, the plant will supply 180,000 tonnes of galvanised steel sheet and zinc-aluminium alloys, 90,000 tonnes of colour-coated steel sheet and 200,000 tonnes of cold rolled steel to the market.
In addition, the plant will help persify industrial products in the province while creating jobs for about 400 local labourers.
At the ground-breaking ceremony, Chairman of the provincial People’s Committee Ho Quoc Dung highlighted that in the past few years, the province has enhanced its promotional activities and attracted a line-up of investment projects in tourism, trade and services.
Hoa Sen Nhon Hoi steel sheet plant, a large-scale industrial production project in the locality, will give momentum to other industrial investment projects landing in the province, he added./.