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Steel product manufacturing project invested in Trang Due industrial park On June 30, 2015, Hai Phong Economic Zone Management Board issued a Certificate [...]

On June 30, 2015, the Hai Phong Economic Zone Management Board issued an Investment Certificate to investor LG International Corp. (Korea)
On June 30, 2015, Hai Phong Economic Zone Management Board issued an Investment Certificate to investor LG International Corp. (Korea) to implement the project "Manufacturing steel products" associated with the establishment of Steel Flower Hai Phong Electronics & Machinery Co., Ltd. (One member LLC) in Trang Due Industrial Park, An Duong district, Dinh Vu - Cat Hai Economic Zone, Hai Phong city.
The project is implemented with the goal of producing and processing including: cutting, sawing, shaping stainless steel sheets, tin-plated steel sheets, color-coated steel sheets, cold-rolled steel sheets, electroplated steel sheets, galvanized steel sheets, ferrous and non-ferrous metals to serve the production requirements of industries with a scale of about 60,000 tons/year. The total investment capital of the project is equivalent to 15 million USD, of which the capital contribution to implement the project is equivalent to 6.59 million USD. The land area expected to be used is 15,000 m2. The project's operating term is 50 years from the date of issuance of the Investment Certificate. According to the plan, the project will officially start production and business operations from June 2016./.