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Dinh Vu Iron Refining Plant project adjusted to increase total investment capital by 03 million USD On February 2, 2015, Hai Phong Economic Zone Management Board granted [...]

On February 2, 2015, Hai Phong Economic Zone Management Board issued an adjusted Investment Certificate to Company TNHH Dongbu Steel Vietnam, certified on changing the legal representative of the enterprise, increasing investment capital, adjusting the implementation progress of the project "Dinh Vu Iron Refinery Factory" at Dinh Vu Industrial Park, Dong Hai 2 Ward, Hai An District, Dinh Vu - Cat Hai Economic Zone, Hai Phong City. Accordingly, the total investment capital was adjusted to increase from 32 million USD to 35 million USD.
The goal and scale of the project "Dinh Vu Iron Refining Factory" is to produce finished iron products to export 100% of the products with a volume of about 242,000 tons/year. According to the plan, in April 2015 the project will officially go into production and business operations./.