Japanese steel marker presents US$5b investment plan in central
Source: 04-OCT-2008 Intellasia | Thoi Bao Kinh Te Vietnam page 3
Oct 4, 2008 - 7:00:00 AM Japan-based JFE Steel Group is seeking approval from the People Committee of the central province of Quang Ngai to spend some US$5 billion to build a steel complex on an area of 1,000 hectares in expanded Dung Quat Economic Zone with the total estimated capacity of from 6-10 million tonnes of raw steel a year.

The mill will operate with advanced manufacturing technology, which is expected to employ 2,000-3,000 locals.