The Prime Minister reiterated the request that Hoa Phat Group must continue researching and producing high-quality steel to serve upcoming railway projects, including the North-South high-speed railway project.
During his working program in Quang Ngai province, on the evening of February 9, while visiting the Hoa Phat Dung Quat Iron and Steel Complex of Hoa Phat Group in Dung Quat Economic Zone, Quang Ngai province, Prime Minister Pham Minh Chinh asked Hoa Phat Group to research and produce high-quality steel to serve railway projects, especially the North-South high-speed railway project.
Also attending were: Minister of Planning and Investment Nguyen Chi Dung; Minister of Transport Tran Hong Minh; Secretary of Quang Ngai Provincial Party Committee Bui Thi Quynh Van; leaders of ministries, branches, central agencies and Quang Ngai province.
Chairman of the Board of Directors of Hoa Phat Group Tran Dinh Long said that Hoa Phat is currently the number 1 steel producer in Vietnam, equivalent to the Top 50 largest steel enterprises in the world. The Group has exported steel to 40 countries and territories. The Group is focusing on producing high-quality steel to help replace imported goods. Hoa Phat is confident in its capacity to research and produce rail steel, steel for making axles for trains and high-speed trains according to orders from the Prime Minister.
Hoa Phat has invested 7 billion USD in Dung Quat Economic Zone, of which the key projects are Hoa Phat Dung Quat Iron and Steel Complex and Hoa Phat Dung Quat 2 Iron and Steel Complex with a total investment of more than 171,000 billion VND.
Since the project began in 2017 to 2024, Hoa Phat Dung Quat Steel has contributed nearly 35,000 billion VND to the State budget. Hoa Phat's projects in Dung Quat Economic Zone create jobs for about 17,000 direct workers.
When the Hoa Phat Dung Quat 2 Iron and Steel Complex Project is completed by the end of 2025, the Group's steel production capacity will reach 15 million tons/year, expected to put Hoa Phat in the Top 30 largest steel enterprises in the world.
Currently, Hoa Phat prioritizes completing and putting into operation the Hoa Phat Dung Quat 2 Iron and Steel Complex project to ensure stability and continue to invest in developing deep processing of high-quality steel products, in which priority is given to serving railway projects, especially the investment project to build a high-speed railway on the North-South axis.
In particular, Hoa Phat commits to contribute to the State budget by 15-16% per year in the period of 2026-2030; hopes that the Government, ministries, branches and localities will allow Hoa Phat to participate in undertaking tasks, works and projects that Hoa Phat has sufficient capacity and can perform well.
Working with the leaders of Hoa Phat Group, Prime Minister Pham Minh Chinh conveyed the best regards and congratulations of General Secretary To Lam to all cadres, engineers, employees and workers of Hoa Phat Group; congratulated and believed that the Group would continue to develop with double-digit growth in the coming years, together with the whole country to create momentum, create position, create force, enter a new era of strong, civilized and prosperous development, people will be increasingly prosperous and happy.
Recognizing, praising and being proud of the achievements of Hoa Phat after 8 years of investment in Quang Ngai, creating industrial production value and creating jobs, contributing greatly to the budget and actively implementing social security in the locality, Prime Minister Pham Minh Chinh said that Vietnam is carrying out the industrialization and modernization process, so there must be fundamental industries such as steel, chemicals, energy, oil and gas, etc., in which Hoa Phat Group is one of the units that make important contributions to the development of the steel industry and the industrialization and modernization process of Vietnam.
Prime Minister Pham Minh Chinh reiterated the requirement that the Group must continue to research and produce high-quality steel, diversify products to serve the country's development, produce steel types to serve the development of the railway industry, especially to serve upcoming railway projects, including the North-South high-speed railway project.
Requiring the Group to continue to comply with the law, fulfill its social responsibilities, protect the environment, social security, care for workers, etc., Prime Minister Pham Minh Chinh affirmed that the Government supports and creates the best conditions for businesses to develop; requested ministries, branches and Quang Ngai province to consider and resolve the Group's recommendations so that Hoa Phat can expand production and business.
The Prime Minister believes that in 2025 and the coming time, Hoa Phat Group will develop by double digits, contributing to the development of Quang Ngai in particular and the whole country in general./.
Source: https://www.vietnamplus.vn/thu-tuong-hoa-phat-phai-san-xuat-thep-phuc-vu-du-an-duong-sat-cao-toc-bac-nam-post1011444.vnp
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