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Showa Denko Group seeks investment opportunities in Dung Quat EZ and Quang Ngai IPs.

In the morning of December 5th, Mr. Le Han Phong – Vice Chairman of Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA) welcomed and  worked with Showa Denko Corporation (Japan) studying investment in Dung Quat Economic Zone and Quang Ngai IZs..

Showa Denko Group leaders exchanged their information at the meeting.

Speaking at the working session, Mr. Le Han Phong introduced some potentials, advantages as well as mechanisms to attract investment in Dung Quat EZ and Quang Ngai IPs. At the same time, he imtroduced fields calling for investment for Japanese enterprises such as: petrochemical and chemical industry; metal production and steel processing; footwear, textiles; Investment in industrial park infrastructure, automobile production, automobile parts, electronic components, telephone, etc.

Mr. Phong also emphasized that Japan is one of the countries with many enterprises investing in Dung Quat EZ and Quang Ngai IPs. Currently, there are nine Japanese investors investing here. DEZA always considers Japanese investors as strategic partners, therefore, DEZA will always create favorable conditions for Japanese investors to invest in Dung Quat EZ and Quang Ngai IPs.

Mr. Le Han Phong (Left) introduced to the delegation about the planning of Dung Quat EZ and Quang Ngai IPs.

Mr. Osamu Minagawa – Group’s Business Strategy Manager said, Showa Denko is a large Japanese corporation specializing in manufacturing and trading petrochemicals, chemicals, rare earths, precious metals … The Group has 100 factories in many countries around the world. In Vietnam, the Group has two factories in Bac Ninh and Ha Nam. Currently, the Group is planning to invest in a factory producing CO2 and dry CO2 for preserving food in Vietnam.

“Through investigation, the Group found that Dung Quat EZ has the potential for the Group to set up their plant. Currently, Dung Quat Oil Refinery is operating efficiently with a capacity of 6.5 million tons of crude oil per year and is updated capacity of 8.5 million tons of crude oil per year. This is a large source of CO2 for the production of CO2 and dry CO2, “said Osamu Minagawa.

DEZA’s leaders and the Group.

Mr. Le Han Phong applauded the investment idea of the Group. He also affirmed that DEZA will create all conditions for the Group to study and explore investment opportunities in Dung Quat EZ and Quang Ngai IPs.

At the same day, the delegation came to work with Binh Son Petrochemical Joint Stock Company to exchange some information about CO2 source at Dung Quat Oil Refinery and worked with VSIP Quang Ngai.

By T.Giang

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