Vietracimex wants to build a paper pulp mill at a total cost of about VND7,200 billion, with a design capacity of 250,000 tonnes per year. The plant will have a waste treatment system using modern technology to meet both Vietnamese and European standards.

The corporation also shows interest in investing in luxury hotels and tourist resorts in Quang Ngai’s coastal areas.

The Marubeni group is keen on building the Dung Quat 2 deepwater port, and developing it into one of the three biggest of its kind in Vietnam.

Quang Ngai’s provincial authorities have pledged to create the best possible conditions for the two businesses to carry out their projects in the province.