ID :
13005
Sat, 07/19/2008 - 10:14
Auther :
Shortlink :
https://oananews.org//node/13005
The shortlink copeid
RoK firm submits plan to build 5.3 bln USD steel plant
Hanoi (VNA) - The Republic of Korea's (RoK) Posco group has submitted a feasibility study to build a steel plant in central Vietnam, according to Vietnam Steel Association President Pham Chi Cuong.
If licensed, construction of the 5.3-billion-USD plant in the central
province of Khanh Hoa will start in November this year and be completed
in March 2013.
In the first phase, the plant will be capable of producing 4 million tonnes
of hot rolled steel and 2 million tonnes of sheet steel a year.
In the second phase, the figures will be raised to 6 million tonnes of hot
rolled steel and 8 million tonnes of sheet steel.
Posco is currently building an 11.5-billion-USD steel complex in Khanh Hoa
province's Van Phong Bay with the Vietnam Ship-building Industry Corporation
(Vinashin).
Posco has three other joint venture steel production projects in
Vietnam.-Enditem
If licensed, construction of the 5.3-billion-USD plant in the central
province of Khanh Hoa will start in November this year and be completed
in March 2013.
In the first phase, the plant will be capable of producing 4 million tonnes
of hot rolled steel and 2 million tonnes of sheet steel a year.
In the second phase, the figures will be raised to 6 million tonnes of hot
rolled steel and 8 million tonnes of sheet steel.
Posco is currently building an 11.5-billion-USD steel complex in Khanh Hoa
province's Van Phong Bay with the Vietnam Ship-building Industry Corporation
(Vinashin).
Posco has three other joint venture steel production projects in
Vietnam.-Enditem
