The People’s Committee of central coastal Quang Tri province granted an investment certificate to the My Thuy International Port Joint Venture Company to build a concrete factory in the Dong Nam Economic Zone on March 12.

Construction on the 54 billion VND (2.53 million USD) factory is scheduled to be completed over 12 months across eight hectares in Hai Lang district.

The factory is expected to supply 85,000 concrete products annually to Vietnam’s market, primarily for the large-scale My Thuy deep-water seaport project.

The My Thuy Port is a 750 million USD project with a 4-kilometre edge-to-shore length, a 15-metre depth, and a 700-metre passageway. Once completed, it will be capable of receiving ships weighing up to 50,000 tonnes.-VNA