Ha Bac Fertilizer Plant to Invest VND6.3 Tln to Raise Capacity

1:42:08 PM | 16/9/2008

The Ha Bac Fertilizer & Chemical Co. Ltd has planned to invest VND6.3 trillion (US$381.8 million) in a project to expand the Ha Bac fertilizer plant.

The company has signed a credit deal with the Vietnam Development Bank to borrow VND4.125 trillion, or nearly 70 per cent of total investment, to carry out the project that will start early 2009.

Once completed in 2011, the plant will have its annual capacity increased to 500,000 tons increase from current 180,000 tons. (Vietnam & World Economy)

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Ha Bac Fertilizer Plant to Invest VND6.3 Tln to Raise Capacity

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