The Prime Minister has allowed the Vietnam Coal and Minerals Group (TKV) to establish joint stock companies with foreign investors holding a maximum 40 percent share.
A document was issued on May 2 providing the PM’s instructions on foreign partners’ participation in investment in projects to explore bauxite and produce alumina in the Central Highlands and explore bauxite in southern Binh Phuoc province.
The group was required to quickly carry out the Nhan Co Alumina project in Dak Nong province and the Tan Rai bauxite project in Lam Dong province, both in the Central Highlands.
TKV may offer a stake of up to 40 percent for theUS ’s Alcoa Group in the Nhan Co alumina project and up to 20 percent for China ’s Yunnan
The group’s plan has been approved in principle to establish a joint venture with the participation of foreign partners to build a railway line linking Dak Nong, Lam Dong and Binh Thuan provinces.
The PM has also issued a directive on the participation ofChina
The group was required to quickly carry out the Nhan Co Alumina project in Dak Nong province and the Tan Rai bauxite project in Lam Dong province, both in the Central Highlands.
TKV may offer a stake of up to 40 percent for the
The group’s plan has been approved in principle to establish a joint venture with the participation of foreign partners to build a railway line linking Dak Nong, Lam Dong and Binh Thuan provinces.
The PM has also issued a directive on the participation of
VNA/VOVNews
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