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Coteccons held a ground-breaking ceremony Hoa Phat Dung Quat Steel Complex project

10/08/2017 15:38

Aug 10th, 2017 – Quang Ngai, Coteccons Construction JSC and Hoa Phat Dung Quat Steel JSC (a subsidiary to Hoa Phat Group) hold a ground-breaking ceremony for Hoa Phat Dung Quat Steel Complex in Binh Dong Commune, Binh Son District, Quang Ngai Province.

As the general Design & Build (D&B) contractor, Coteccons takes charge of main items for this strategic project, including: steel foundry, rolling mill for steel sheets and deformed bars, power station, water treatment facility, blast furnace (for casting iron), carbon monoxide gas tank, air purifying cluster, etc. Specially, Coteccons also takes charge of a complicated construction – coke plant with multiple silos in a “frame-only” model.

In fact, the strategic steel complex is the biggest investment ever of Hoa Phat Group, at VND 52,000 billion (just under USD 2 billion), and is expected to generate annual output of 4 million tons. However, the Investor requires short construction duration of 24 months. Therefore, the work on pile driving for Steel Mill 1, Steel Mill 2, and trial pile driving for Steel Casting Foundry, etc. should start right after commencement.

With Coteccons’ successful delivery of construction projects and supply of construction facilities, Hoa Phat Group’s trust in Coteccons is now further strengthened by employing it as general D&B contractor for this strategic complex.

Also, Coteccons has finished negotiation and will commence several new projects at approximate value of VND 4,200 billion real soon, particularly, the Trading Center and Serviced Apartment project (approx. VND 1,400 billion), and 02 other D&B projects: Regina phase 6 (approx. VND 1,000 billion) and Athena (under VND 1,700 billion).

CTC-Hoaphat-1

Commencement ceremony on Aug 10th, 2017

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CTC-Hoaphat-3

Preparation for Pile Driving Work in Hoa Phat Dung Quat site

 



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