Hai Phong breaks ground on steel factory project worth nearly 45 million USD

Mai Dung |

Hai Phong - On November 12, Hai Phong City broke ground for the Viet Phap Steel Factory No. 2 Project in Nam Dinh Vu Industrial Park.

Viet Phap Steel Sheet Factory No. 2 of the Investor Viet Phap Steel Sheet Joint Stock Company in Nam Dinh Vu Industrial Park. The factory has a total area of ​​75,000 m2, with a total investment of nearly 45 million USD for phase 1; with a production capacity of up to 350,000 tons of steel sheet products per year. The factory will apply the most modern production technology from international partners, ensuring high quality standards, efficiency and environmental friendliness. When completed, the factory will contribute not only to providing quality products, but also to promoting local economic development, creating many new job opportunities.

The factory is located in Nam Dinh Vu Industrial Park, with outstanding transportation advantages, located near major seaports and national connecting routes. This helps shorten transportation time, optimize logistics costs and increase the competitiveness of Vietnamese products when reaching international partners.

Speaking at the groundbreaking ceremony, Mr. Le Trung Kien - Head of Hai Phong Economic Zone Management Board - affirmed that the city supports and creates the most favorable conditions for businesses to operate and develop production and business with the best results and satisfaction. The Head of Hai Phong Economic Zone Management Board requested the investor and contractor to focus on human and material resources to put the Project into use as quickly and effectively as possible, ensuring safety during the construction process.

Mai Dung
TIN LIÊN QUAN

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