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On August 19, Hoa Phat Group held a Ceremony of promoting construction investment projects, trading infrastructure of Hoa Tam industrial park (phase 1) and Bai Bai port in Hoa Xuan commune, Dak Lak province. This is one of 250 projects chosen to start and inaugurated the occasion of the 80th anniversary of the National Day (September 2, 1945 - September 2, 2025). Hoa Phat Group held the Ceremony of promoting construction investment projects, trading infrastructure of Hoa Tam Industrial Park (phase 1) and Bai Bai port in Hoa Xuan commune, Dak Lak province, Hoa Phat Tran Dinh Long Group said: Responding to the target of growth of the two government numbers, Hoa Phat continues to expand investment, especially high quality steel production. With the support of the Government, the Ministry of Industry and Trade and Dak Lak Province, Hoa Phat Group decided to invest in Bai Bai port and the iron and steel production complex with a total investment of VND 120,000 billion in the period from 2025 to 2030. Of which, iron and steel complex with a total capacity of 6 million tons/year made through 2 stages. Phase 1 with a capacity of 3 million tons/year will be implemented at the end of 2025. When completing the project, Hoa Phats steel production capacity will increase from 16 million tons/year to 22 million tons/year. Phuong , Mr. Tran Dinh Long shared. Chairman of Hoa Phat Group Tran Dinh Long spoke at the Ceremony of Bai original port project (Hoa Xuan commune, Dak Lak province) was divided into 2 phases with a total investment of about VND 24,000 billion. Bai original port will directly serve the development of Hoa Tam Industrial Park, oil filter, metallurgy and energy industry in the area. Bai Bai port has a scale of: 13 specialized docks with a load of 250,000 DWT; 6 docks upgraded a total of 50,000 DWT tonnage; 6 liquid and gas exports up to 50,000DWT and 1 water wharf area (SPM). It is expected that the original port will be completed before 2030, ensuring the loading and unloading and exploiting the goods about 26 million tons/ year. Ta Anh Tuan, Chairman of the Peoples Committee of Dak Lak province shared that the projects of Hoa Phat Group invested in Nam Phu Yen Economic Zone will contribute to making Dak Lak a new growth extremely of the Central Highlands and the South Central Coast, creating the development of the provincial commercial service; creating jobs for tens of thousands of local workers, contributing to improving peoples lives, stabilizing social security and increasing sustainable budget revenue. These are important projects that the authorities and people of Dak Lak have long long ago implemented, said Chairman of the Peoples Committee of Dak Lak province.Form, on May 30, 2025, the Peoples Committee of Phu Yen Province (now Dak Lak) approved the investment policy and approved investors of construction investment projects and trading in Hoa Tam Industrial Park infrastructure (phase 1). The project is implemented by Hoa Tam Industrial Park Infrastructure Development Joint Stock Company (belonging to Hoa Phat Group) with a land use scale of about 491 ha; Total investment capital is over VND 4,000 billion. Hoa Tam Industrial Park is invested in synchronous construction in infrastructure with the goal of the formation of Hoa Phat Iron and Steel Complex with an estimated capacity of 6 million tons. Hoa Phat is the largest steel manufacturer in Southeast Asia with 16 million tons of steel/year, equivalent to the top 30 in the world. The group has created jobs for 33,000 direct workers and tens of thousands of indirect workers across the country. Each year, Hoa Phat contributes about VND 15,000 billion, affirming the role of a large private enterprise with the countrys economy. Phan TrangTham Investor more examinations more referencing more examination
