Special steel and rail project ensures conditions for commencement

QNgTV- The Hoa Phat Dung Quat Railway Rail and Special Steel Production Project is one of three projects selected by Quang Ngai province to commence construction to celebrate the 14th National Congress of the Party. Up to now, the project has completed the necessary procedures and is ready to commence construction on December 19, 2025 as planned.

Illustration photo.

The Hoa Phat Dung Quat Railway Rail and Special Steel Production Project has a total investment capital of 10 trillion VND, invested by Hoa Phat Dung Quat Rail and Special Steel Joint Stock Company; deployed on an area of ​​nearly 15 hectares in Dung Quat Economic Zone, Van Tuong Commune, Quang Ngai Province. The project has a designed capacity of 700 thousand tons/year, applying the world's leading modern technology line.

Up to this point, the investor has completed many important legal procedures. Compensation and site clearance work ensures the conditions for the project to start construction as planned. When completed, this will be the first production line in Southeast Asia capable of producing high-speed rails and special steel lines, opening an important step forward for the Vietnamese steel industry; meeting domestic demand, export and serving key national projects.

The project is also expected to create new growth momentum for Dung Quat Economic Zone, promoting economic and social development of Quang Ngai province.

Source: https://quangngaitv.vn/du-an-ray-duong-sat-va-thep-dac-biet-dam-bao-cac-dieu-kien-de-khoi-cong-6511592.html