Reported to the Prime Minister, Mr. Tran Dinh Long - Chairman of Hoa Phat Group said that Hoa discovered that the No. 1 steel producer in Vietnam and has exported steel to 40 countries and territories. With great investment in production, the Group is strongly focusing on the production of high quality steel, contributing to replacing imports. Hoa Phat pledged to grow 15% per year, responding to the target of growth of two numbers of the country in the period of 2025-2030.
Hoa Phat has invested in Quang Ngai 7 billion USD in Dung Quat Economic Zone. In which, the key is the Hoa Phat Dung Quat cast iron and steel complex project and Hoa Phat Dung 2 Iron and Steel Manufacturing Complex with a total investment of more than 171 trillion dong.
“With existing capacity, the Group is strongly directed to produce high quality steel, contributing to replacing imported goods. Hoa Phat is confident enough to research and produce rail steel, steel for train wheels, high -speed train according to the Prime Minister's order as well as high quality steel for key projects The country and export to the world, ”said President Tran Dinh Long.
Hoa Phat Group leaders also asked the Government to take legitimate measures to protect domestic manufacturing enterprises. “What domestic businesses can do, we hope that the State will assign it to businesses. In this way, it is possible to nurture large businesses, ”Mr. Tran Dinh Long proposed to the Prime Minister.
Speaking at the meeting, the Prime Minister Pham Minh Chinh acknowledged and praised Hoa Phat's achievements after 8 years of investment in Quang Ngai; At the same time, highly appreciating the companion and support of Quang Ngai government levels so that Hoa's project has been implemented smoothly.
The Prime Minister stated that if there are no platform industries such as steel and chemical industry, it will always be passive in the implementation of the strategy of industrialization and modernization; We cannot help but develop the steel industry and must develop in the direction of digitization and automation.
The Prime Minister asked Hoa Phat Group to continue researching high quality steel production, especially producing steel rails for North -South high -speed railway, railways connected to China, dollar railway. market in the coming time.
The Prime Minister proposed Hoa to deploy the above steel rail production with the way to suit the Party's guidelines and policies and the State's policies and laws; The Party and the State will pay attention and create favorable conditions for Hoa Phat as well as ethnic businesses to develop.
Currently, Hoa Phat is given priority to focus on completing and putting into operation of Hoa Phat Dung 2 cast iron and steel complex project to ensure stability and continue to invest in deep processing and processing of quality steel products high in Dung Quat Economic Zone, the goal of autonomy for production for national key projects, with special priority for investment projects on construction of high -speed railways on North -South axis. paragraph 2026 - 2030.
When the Hoa Phat Dung 2 Iron and Steel Complex project was completed by the end of 2025, the Group's steel production capacity reached 15 million tons/year, expected to bring Hoa Phat into the top 30 largest steel enterprises world.
