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13 Oct
10:41

Hoa Phat may take over Guang Lian project

Vietnam’s Hoa Phat Group has proposed to take over the long stalled Guang Lian project with an investment of $3 billion, according to VietNamNet Bridge. If it succeeds, Quang Ngai province will see a 4 million tonnes/year steelworks with an estimated annual revenue of $2 billion, Kallanish notes. Local Dung Quat Economic Zone Authority (DEZA) has now submitted documents to ministries and the relevant authorities for comments on Hoa Phat’s propos…
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