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Ground broken at six South Korean projects in Quang Ngai

Released at: 10:58, 23/08/2018

Ground broken at six South Korean projects in Quang Ngai

Photo: Doosan Vina

Six companies hold breaking ground ceremony on August 22 at Dung Quat Economic Zone.

by Doanh Doanh

Six South Korean companies held a breaking ground ceremony on August 22 at the Dung Quat Economic Zone in central Quang Ngai province. The six have invested a total of $11 million in projects covering 65,022 sq m that will create hundreds of jobs.

The six companies are Samshin Valve Vina Co. Ltd, manufacturing 63,000 industrial steel valves annually; YoobongVina Co. Ltd, producing 300 tons of boiler tubing for heat exchangers annually; Wookwang Vietnam Co. Ltd, manufacturing 100 tons of spring suspension and metal pipe support annually; Kwang Jin Vietnam, providing freight services and warehousing; Hanbit P&L Vina Co. Ltd, providing packaging, customs clearance, warehousing, storage and delivery services; and Nasan Electric Industries Co. Ltd, manufacturing 16,000 electrical controls annually.

The breaking of ground is the culmination of years of cooperation between the Quang Ngai Provincial People’s Committee, the Dung Quat Economic Zone Authority, Doosan Heavy Industries and Construction, Doosan Heavy Industries Vietnam, and the six South Korean companies.

“The breaking ground ceremony is the result of many years of hard work by people in both Vietnam and South Korea,” said Mr. Park Hong Ook, General Director of Doosan Vina. “The cooperation that has been established during the process is especially gratifying and I hope it is only the beginning of more South Korean investors coming to Quang Ngai.”

“The ceremony for the six South Korean companies is an indication of the confidence foreign companies have in Quang Ngai and our people,” Mr. Le Viet Chu, Secretary of the Quang Ngai Provincial People’s Committee, told the breaking ground ceremony.

Construction of the new facilities is to begin immediately and the companies plan to begin operations soon.

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