Doosan Vietnam to Launch $300M Heavy Industry Complex May 15

Doosan Heavy Industries Vietnam Ltd., Co. will inaugurate a $300-million heavy industry complex at the Dung Quat Economic Zone in central Quang Ngai province on May 15 after two-year construction.

 

The 111-ha complex, will provide a wide range of heavy industry machines, including those now being imported, said the company, adding that these include steam generators for thermo-power plants, heat recovery steam generators, seawater filtering machines, chemical processing equipment, boilers, forklifts, loading and unloading equipment, and turbines.

 

The facility, the biggest foreign-invested one in Vietnam, will also manufacture tool machines, steel structures, towers and equipment for wind power generation, cement producing equipment, environmental protection equipment and automation systems.

 

The company will export up to 80% of the complex’s products and the rest for the domestic markets.

 

Doosan Vietnam is set up by two Korean investors, Doosan Heavy Industries and Construction Company Ltd., and Doosan Mecatec owned by Korea-based Doosan Corporation. (Saigon Times Daily)