Firms seek to invest $3 billion
Firms seek to invest $3 billion
A joint-venture between Hong Kong-based Lee & Man and Japanese Hokuetsu groups has proposed to develop a large-scale complex, expected to cost US$3 billion, in central Ha Tinh Province’s Vung Ang Economic Zone (EZ) during a working session with local authorities on Tuesday.
The complex will comprise a deep-water port, a logistics area and a paper production plant with an annual capacity of one million tonnes and other facilities manufacturing supporting equipment for the paper industry, besides a power plant, online newspaper baohatinh.vn reported.