The Chairman of the People’s Committee of the south-central coastal province of Binh Dinh has approved the conduct of a feasibility study for a project building a steel mill and a port complex in My An commune in Phu My district.
Binh Dinh (VNA) - The Chairman of the People’s Committee of the south-central coastalprovince of Binh Dinh has approved the conduct of a feasibility study for aproject building a steel mill and a port complex in My An commune in Phu Mydistrict.
The study will be carriedout by the Ninh Binh-based Long Son Joint Stock Company.
The company hasproposed the construction of its Long Son steel mill on close to 494 ha with investmentof 48 trillion VND (2.09 billion USD), which is expected to produce about 4million tonnes of steel annually.
Meanwhile, the343-ha Long Son port complex will be built at a cost of nearly 8.9 trillion VNDand is projected to have 14 wharves capable of berthing vessels of 50,000 to 250,000tonnes and handling 29.5 million tonnes of cargo per year.
Binh Dinh’s port networkcan currently only berth vessels up to 50,000 tonnes and the province has no steelmills./.
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