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A big push from Hoa Phat

Besides the leading projects confirming the role of driving force such as Dung Quat Oil Refinery, Doosan Vina Heavy Industry or VSIP Quang Ngai, etc, Hoa Phat Dung Quat Steel Complex is also creating a great contribution to the breakthrough development of Dung Quat EZ and Quang Ngai IPs.

An exciting site

Considered as the largest scale project ever, Hoa Phat Dung Quat Steel Complex invested by Hoa Phat Group, their investment progress is accelerated. At the construction site, domestic and foreign contractors mobilized thousands of machines, vehicles and manpower to construct continously, creating a great construction site. At the rush hours, the number of workers, engineers of Hoa Phat and contractors on the site is at the peak of 13,000 people.

Divided into two phases, the complex project has the total investment capital of VND60,000 billion, with a capacity of 4 million tonnes per year. Their main products are construction steel, high quality steel and hot rolled coil.

In addition, Hoa Phat is building a specialized deep-water seaport system that will allow ships of 150,000-200,000 tons to be docked, making it easier for Hoa Phat to transport its inputs and outputs to the domestic and foreign markets.

On the work

In order to enhance the close and modern production value chain of the complex, Hoa Phat Group has decided to invest in the product line. The first is the first high-pressure steel production plant in Vietnam. This plant will be located next to Hoa Phat Dung Quat. It is expected that the  plant with the total investment capital of over VND 1,000 billion will be deployed right in 2018 and officially come inti operation in late 2019. In May 2017, Hoa Phat Group and Vietnam Pile Industry Associations signed a long-term strategic cooperation agreement to supply all kinds of steel products with the capacity of 100,000 tons / year, equivalent to about 2,000 billion / year.

Site of Hoa Phat specialized port area

The demand for stainless steel products is rising but Vietnam only imports raw materials for processing this particular type of material and very valuable. By the end of January 2018, Hoa Phat Group and the world leading metallurgical equipment supplier Danieli (Italy) have a agreement to research for the production of stainless steel. The plant is expected to be located in the Complex. After finishing the feasibility assessment, the project will be invested in parallel with Phase 2 of the complex and completed in 2020.

New “Conductor”…..

Immediately after granting the investment certificate for the Complex Project, Dung Quat EZ welcomed the project of the industrial gas separation and liquefaction of Messer Hai Phong Industrial Gas Company Limited with total investment of 90 million dollars. This will be Messer’s largest scale factory in Southeast Asia. The project not only provides industrial gas for the Hoa Phat Dung Quat , with the capacity of 80,000 Nm3 / h but also supplying for other enteprises in Dung Quat EZ and Quang Ngai IPs. This project is now urgently deployed to be put into operation in the fourth quarter of 2018.

The industrial gas separation and liquefaction project is also being accelerated.

Along with that, many supporting projects for the complex such as Hoa Phat Dung Quat Iron Alloys Factory, with the total investment of more than USD 132.3 million; Raw water supply project for the complex with the total investment $ 11.7 million, capacity of 100,000 m³ / day; The project of ancillary equipment factory and vehicle terminal at the complex with the total investment $ 5.29 million; Concrete projects such as Dung Quat concrete factory, commercial concrete factory, building material factory,etc.

Regarding the contribution of the project, Mr. Dam Minh Le – Vice Chairman of Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority said: “Hoa Phat Dung Quat  is not only is a “magnet” attracting projects into Dung Quat Economic Zone and Quang Ngai IPs but also contributes to the economic development of the province. The Complex Project has been contributing to the social development of Quang Ngai province. As evidence, in order to put the plant into operation, Hoa Phat has attracted more than 4,600 workers, most of them are local people; This number will increase to about 8,000 when the complex put into operation.

Hoa Phat’s recruiting for various working positions fields such as: electrical engineering, mechanical engineering, metallurgy, chemistry; metallurgical workers and general laborers, etc. Along with the high salary for each position, Hoa Phat also has their own policies to treat employees. Mr. Luu Thanh Tung – Deputy Director of Human Resources Department of Hoa Phat Dung Quat Steel JSC said: The company will arrange accommodation, shuttle bus for their employees if the employees do not use these support, a amount of money will be supported. Annually, the company has the 13th salary. At present, the basic salary for new employees is from 5 to 6 million dong per month. For general labors, the company will provide vocational training for 3 months, with travel allowance, accommodation and salary of 3 million VND / person / month. After the probationary period, the company signs a long-term contract.

To demonstrate the long-term commitment, at the investment promotion conference in Quang Ngai province in 10/2017, Mr. Tran Tuan Duong – General Director of Hoa Phat Group said that Hoa Phat will continue to implement  some steel downstream projects in Dung Quat EZ.

With Hoa Phat Group’s prestige, in the coming time, Dung Quat EZ and Quang Ngai Industrial Zones will achieve breakthrough growth and Quang Ngai will become a modern industrial province in 2020.

By T.Giang

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Agency:Copyright by the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority
Editor:Mr.Dam Minh Le - Vice Chairman
Address: Van Tương New urban area - Binh Son District - Quang Ngai Province
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