Launching "mega" projects

After overcoming numerous legal and land clearance obstacles, several "mega" projects in Nghi Son began to commence in early 2025. With large total investments, these projects will contribute to spreading investment appeal and promise to strongly promote the socio -economic development of the province in the coming time.

Line 3 of the Nghi Son No. 2 Steel Rolling Mill is ready for operation.

The Duc Giang Chemical Complex, with a total investment of 12,000 billion VND, is expected to commence construction on February 17th, divided into three investment phases. In phase 1, the plant will produce 151,000 tons of chemicals per year. This includes 50,000 tons of 100% concentrated NaOH caustic soda, 30,000 tons of water treatment agent (PAC), 20,000 tons of calcium bleaching powder, and 15,000 tons of hydrochloric acid (HCl). When phase 2 becomes operational, PVC plastic products will be produced, marking the first time Vietnam has manufactured a product with such complex processing technology. According to Duc Giang Chemical Group Joint Stock Company, upon completion, this will become the largest chemical complex in Vietnam. This project is considered by the company's leadership as a "trump card" for the future, as the business operations of the Lao Cai plant have reached a point where further expansion is not possible.

Mr. Luu Bach Dat, Director of Duc Giang Nghi Son Chemical Company Limited, once shared: "The project has many advantages such as being close to the Nghi Son deep-water port system, and the surrounding limestone quarries have large reserves, creating favorable conditions for production input. Regarding output, the company assesses that the domestic market has a large demand, because domestic chemical production capacity does not yet meet the needs. Currently, domestic chemical production only meets 50% of the industrial and consumer demand. If domestic production can be increased, it will lower product costs and ensure a reliable input for many large factories. Duc Giang Chemical has targeted many customers such as the Nghi Son Refinery and Petrochemical Plant, and thermal power plants in the Nghi Son Economic Zone (NZZ)... When phase 1 comes into operation, the Duc Giang Chemical Complex is expected to create jobs for 300 direct employees and contribute approximately 100 billion VND to the Thanh Hoa provincial budget each year." When the complex becomes fully operational, it will create jobs for approximately 2,000 workers.

Previously, on September 17, 2024, the Chairman of the People's Committee of Thanh Hoa province approved the adjustment of the investment policy for Project No. 1 of the Duc Giang Nghi Son chemical complex, with Duc Giang Nghi Son Chemical Company Limited as the investor. Accordingly, the implementation schedule includes commencement of construction, equipment installation, commissioning, and handover from Q4/2024 to Q1/2026, aiming for completion and official operation in Q1/2026.

The Billion Union Vietnam textile factory, owned by Billion Union Thanh Hoa Textile Co., Ltd., a Singaporean-invested company, is scheduled to begin construction in Tan Truong commune (Nghi Son town) on February 17th. According to the investment approval decision, the factory will cover an area of ​​32.5 hectares with a total investment of approximately US$70 million (VND 1,600 billion). The goal is to produce fabric and finished textile products with a capacity of 60 tons per day, equivalent to 18,000 tons per year (120 million square meters of fabric per year), and will be implemented in three phases.

According to Billion Union Thanh Hoa Textile Co., Ltd., the factory will use machinery and equipment that comply with national technical regulations and G7 standards on safety, energy efficiency, and environmental protection; and will also adhere to regulations on the treatment of exhaust gases, wastewater, and waste... meeting safety standards in accordance with Vietnamese regulations before discharging them into the environment.

The Dong Vang Industrial Park project is progressing rapidly.

Currently, the garment and footwear industry accounts for up to 90% of the province's export turnover. However, the activities of businesses in this sector mainly focus on job creation; the added value in this industry is not high due to dependence on designated imported raw materials and fuels. Furthermore, many businesses have not taken advantage of the tariff preferences offered by new-generation free trade agreements due to a lack of supporting businesses supplying domestic raw materials to meet the rules of origin requirements. The establishment of factories in the raw material and auxiliary material supply sector will gradually fill the "gap" in the supporting industrial chain, thereby promoting the attraction of more new projects in this field.

Along with efforts to support projects preparing to launch, Thanh Hoa province, the Management Board of Nghi Son Economic Zone and Industrial Parks are also continuing to remove obstacles to expedite the implementation of projects currently underway, such as: Long Son Thermal Insulation and Gypsum Board Manufacturing Plant; Long Son Container Port; Nghi Son High-Tech Mechanical Plant; Infrastructure projects for Industrial Parks No. 3, No. 17, No. 20, Dong Vang, and Metallurgy; and Lam Son - Sao Vang Industrial Park. At the same time, they are accelerating procedures for investment approval of projects such as the Nghi Son LNG Thermal Power Plant; and the Industrial Park in the western part of Thanh Hoa City...

In the first quarter of 2025, several projects such as Line 3 of Nghi Son Steel Rolling Mill No. 2; Dai Duong High-Tech Reinforced Concrete Component Manufacturing Plant; and Nghi Son High-Tech Mechanical Plant will be put into operation, significantly contributing to increasing production capacity in the Nghi Son Economic Zone.

Mr. Pham Tuan Anh, representative of VAS Nghi Son Group Joint Stock Company, shared: “Currently, the third production line of the plant has completed the installation of machinery and equipment. On January 6th, the electrical system serving the plant's operation was also fully connected. The company is currently adjusting the machinery and equipment for trial operation in the first quarter and will begin commercial operation in April 2025. The company will continue to invest in building the fourth production line by the end of this year.”

Text and photos: Minh Hang

Source: https://baothanhhoa.vn/khoi-dong-cac-sieu-du-an-239645.htm