The local government of Quảng Trị province in Vietnam has announced that it has approved the stainless steel plant project of Vietnam-based Viet Quang Co., Ltd, which will be built in South East Industrial Park located in the Hải Lăng district of the province. The total project value is VND 1.3 trillion ($55.84 million).
According to the Quảng Trị government, the stainless steel plant is expected to have a production capacity of 240,000 mt per year, while construction is planned to start in early 2019.