According to Quang Ngai Radio and Television, on the morning of June 3rd, Mr. Tran Phuoc Hien, Vice Chairman of the People’s Committee of Quang Ngai province, who is also the head of the task force for supporting and promoting the progress of large-scale, impactful investment projects in the province, chaired a meeting to address obstacles related to projects invested by Hoa Phat Dung Quat Joint Stock Company.
Per Hoa Phat Dung Quat Joint Stock Company, the company is rushing to complete relevant tasks to submit to the competent authority for consideration and decision on the investment policy for the Hoa Phat Dung Quat special rail and steel production project.
The project, with a scale of nearly 18 hectares, is located in the East Dung Quat Industrial Park, Binh Thuan commune, Binh Son district, with a total investment of VND 10,000 billion.
Hoa Phat Group and SMS Group (Germany) have signed a contract for technology and production line supply for the project. SMS Group will design, supply, and install the production line, aiming to produce the first product in the first quarter of 2027.
The output products of the production line will include urban railway steel, high-speed railway steel, shaped steel, and special steel, serving key national railway projects and exporting to the international market.
Meeting scene (Photo: Quang Ngai Radio and Television)
According to the Management Board of Dung Quat EZ and Quang Ngai IP, based on the investor’s proposal, the work of obtaining appraisal opinions from departments, branches, and localities has basically been completed . Currently, they are awaiting the appraisal opinion of the Ministries and branches. The project has also been updated in the land use planning of Binh Son district as prescribed.
Regarding the three projects investing in the land area of the Hoa Phat Dung Quat special rail and steel production project, the Management Board has announced the termination of all three projects.
Vice Chairman of the Provincial People’s Committee Tran Phuoc Hien emphasized that the province’s view is to maximize support for investors so that the Hoa Phat Dung Quat special rail and steel production project can be implemented smoothly, ensuring the set goals and plans to serve key national projects.
The Vice Chairman of the Provincial People’s Committee requested that departments, branches, People’s Committee of Binh Son district, and Hoa Phat Dung Quat Joint Stock Company focus on handling the contents related to the site and investment procedures to soon submit to the competent authority for consideration and decision on the investment policy for the project, thereby implementing the next steps.
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