The Doosan Vina company in the Dung Quat economic zone will produce equipment for thermal power plants under a contract worth 70 million USD from the Republic of Korea (RoK) group, Doosan Heavy Industries and Construction.

The contract has been signed between the RoK group and the German group Siemens to supply two heavy recovery steam generators to the Nhon Trach II power plant in the Dong Nai industrial zone, Doosan President and CEO GeeWon Park said on July 9.

To shorten production time, the group will produce the main parts of the generators at Doosan Vina, he said, adding that the group’s advanced technology will be applied throughout every stage, from design, to production, transport, installment and trial operation for the project.

The project will commence in mid next year and wrap up in 2011.

The Doosan Vina company, a 300 million USD investment project, has five factories, employing more than 1,700 workers in Quang Ngai province. The company is expected to earn 200 million USD from exports this year and 800 million USD by 2013./.