Hoa Phat proposed 42 hectares of land for urban railway and high-speed railway production project.

Vice Chairman of Quang Ngai Provincial People's Committee Tran Phuoc Hien has just chaired a meeting to listen to and handle a number of contents related to the investment proposal of high-quality steel projects in Dung Quat Economic Zone of Hoa Phat Dung Quat Steel Joint Stock Company.

According to Hoa Phat Dung Quat Steel Joint Stock Company, it is currently investing in 2 iron and steel production complexes and many other satellite projects in Dung Quat Economic Zone.

Of which, Hoa Phat Dung Quat 1 Iron and Steel Complex (designed capacity of 6 million tons/year) has been put into operation since 2021, Hoa Phat Dung Quat 2 Iron and Steel Complex (designed capacity of 5.6 million tons of high-quality hot-rolled steel coil/year) will be put into synchronous operation in 2025.

In the spirit of the Prime Minister 's direction at the working session with Hoa Phat Group on February 9, 2025, with the orientation of promoting domestic supporting industry and services to deeply participate in the process of building and operating key national projects in the period of 2025-2030.

Hoa Phat Group focuses on deep processing and manufacturing high-quality steel products to serve domestic and export needs, especially for key national projects, with priority given to the production of high-speed rail steel products to meet the Government's expectations.

Hoa Phat Dung Quat Steel Joint Stock Company proposed to invest in a number of projects, including a high-quality steel rolling project, focusing on the production of urban railway rail products and high-speed railway rails, in Binh Thuan commune, to be implemented in the period 2025-2027.

Hoa Phat Dung Quat Iron and Steel Production Complex

According to Hoa Phat Dung Quat Steel Joint Stock Company, the proposed investment location is close to the existing Hoa Phat Dung Quat Production Complex and is convenient for connecting to the infrastructure system in the area, especially the seaport. In the immediate future, about 42.03 hectares are needed to immediately implement phase 1 of the project in 2025.

After listening to the proposed report of Hoa Phat Dung Quat Steel Joint Stock Company and the opinions of relevant departments, branches, sectors and localities, Vice Chairman of the Provincial People's Committee Tran Phuoc Hien emphasized that the proposed projects on deep processing and production of high-quality steel products are important and urgent projects serving key national projects in accordance with the direction of the Government.

Therefore, the province's responsibility is to promptly resolve any problems and issues that arise in order to create favorable conditions for the project to be implemented as soon as possible.

In that spirit, the Vice Chairman of the Provincial People's Committee has directed and assigned tasks to each relevant department, branch and locality to focus on handling in accordance with legal regulations, with a completion timeline, and reporting the implementation results to the Provincial People's Committee.

The Vice Chairman of the Provincial People's Committee requested Hoa Phat Dung Quat Steel Joint Stock Company to develop a detailed schedule for each project investment phase so that the province can proactively handle, guide and support related issues during the project implementation process according to regulations.

Source: https://tapchicongthuong.vn/hoa-phat-de-xuat-42ha-dat-de-lam-du-an-san-xuat-ray-duong-sat-do-thi--ray-duong-sat-cao-toc-138655.htm