Industry and handicraft sector
Complex of steel refining plants (Manufacture of steel plates, cold rolled steel, coated/plated steel, pipe steel, section steel)
Vung Ang Economic Zone; (18.051139702416975, 106.36520299463032)
Transport infrastructure, electricity, and water supply in the project area; distance to the airport, seaport, railway, and road: Location in the province: on the South side of Ha Tinh Province. - Location in the region/sub-region: Vung Ang Economic Zone, Ky Loi Commune, Ky Anh Town, Ha Tinh Province. - Distance from project site to airports, ports, highways, and national routes: Dong Hoi Airport (Quang Binh) is about 80 km to the South, and Vinh Airport (Nghe An) is about 120 km to the North; connecting to National Route 12C and associating with other areas via National Route 1A, Ho Chi Minh Road and Laos and Thailand through Chalo Border Gate; connecting to railway system through Vung Ang - Laos railway (to be constructed soon) and other transport systems such as North - South Expressway, seaway, etc. - Electricity and water supply are available for the project’s operation.
Investment objective/Investment eficiency: "Construction of complex of steel refining plants of regional and international stature; forming and developing a steelmaking center in Vung Ang Economic Zone to meet the steel demand in the construction, shipbuilding, and post-steel industries, etc. Accelarating the development growth and making Vung Ang Economic Zone soon become the driving force of economic development of the whole country, and opening up opportunities to develop other types of services within the province."
Investment incentives: Be entitled to investment incentives for areas of extremely difficult socio-economic conditions
Labor force: In the first quarter of 2023, there were 521,589 people aged 15 and over in the labor force, with males accounting for 53.56% and females accounting for 46.44%. Of these, 22,422 people were unemployed, with approximately 10,360 men and 12,062 women
Asessment of conformity with the plannings: Complying with the Ha Tinh Province’s Master planning scheme for 2021 - 2030 with a vision to 2050
Total investment capital: 85.1 (million dollar)
Area: To be determined
Average salary: 8 - 10 million dongs per capita per month
Preliminary site clearance cost: To be determined
Land status: Uncleared mixed-use land