Ha Tinh Formosa Project

Formosa Vung Ang is a company located in Vung Ang Economic Zone, Ha Tinh. Formosa is officially called Hung Nghiep Iron and Steel Company Ltd. Formosa Ha Tinh (FHS), a branch of Formosa Plastic Group, Taiwan.

Formosa is the investor of the iron and steel complex project and Son Duong deep-water port, which started in 2008 with a total investment of nearly 10 billion USD (with a capacity of more than 10 million tons / year in phase I) and is planning. capital increase plan to 27 billion USD (20 million tons / year in Phase II).

The total area of ​​the project is more than 3,300 hectares, including more than 2,025 hectares of land and more than 1,293 hectares of water surface (Son Duong port). The lease period is 70 years, the land rental is over VND 96 billion for the entire lease term. port business; Cement Production; trading thermal power plants and water treatment plants; building, installing, operating and trading gas plants, selling compressed air and industrial liquids such as oxygen, nitrogen …; manufacturing, processing, manufacturing, trading, importing and exporting of products related to the process of coking coal, tar, light crude oil, and real estate business