The project will be located in Phu My industrial zone, Tan Thanh district in Ba Ria-Vung Tau City and has a total investment of over US$300 million. The construction work is scheduled for completion in 3 years.

The project comprises of a forged steel mill with a capacity to produce 1 million tonnes per year, a rolled steel mill to produce 500,000 tonne per year and a seaport, which will be able to handle 3 million tonnes of cargo annually.

With its new forged steel mill, Pomina Steel JSC will increase its total forged steel capacity to 1.5 million tonne/year, becoming the biggest forged steel enterprise in the country. The plant will be the 20^th in the world to apply Italy’s advanced Consteel-Techint technology.

Pomina is already operating a rolled steel mill with the biggest capacity in Vietnam (1.1 million tonnes/year).