September, 15 (AFP) -- Taiwan"s leading industrial conglomerate Formosa
Plastics plans to build one of Southeast Asia"s biggest deepwater ports
as part of a multi-billion-dollar project in Vietnam, an official said
Tuesday.
The port will be sited near a steel mill the company intends to
construct in central Ha Tinh province, said the official, who asked not
to be named.
The steel mill, designed with an initial capacity of 7.5 million metric
tonnes, will be located about 30 kilometres (20 miles) from Vietnam"s
largest iron ore deposit at Thach Khe.
The conglomerate plans to build a second steel mill and a petrochemical complex later in Vietnam.
mrcplast.com
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