The Ministry of Industry and Trade has allowed the Guang Lian Steel Vietnam Company Ltd to increase the capacity of the Guang Lian steel mill in the Dzung Quat Economic Zone from 5 to 7 million tonnes/year with a total investment capital increasing from US$3 to 4.5 billion.
The Guang Lian steel factory was built in 2007 in the Dung Quat Economic Zone, on a site of 500 ha.
The steel mill is expected to start its first phase of production in 2013.
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