Proposal to build a pulp factory with over 11.600 billion VND in Quang Tri

Proposal to build a pulp factory with over 11.600 billion VND in Quang Tri

At the beginning of March, Thai Binh Xanh Joint Stock Company and Poyry Group (Finland) had a meeting with Quang Tri Provincial People's Committee to propose an investment project of pulp factory with expected total investment capital of more than 11.600 billion.

This is considered as one large-scale project proposal for pulp manufacture. At the meeting, Mr. Nguyen Quan Chinh, Vice Chairman of Quang Tri Provincial People's Committee, provided investors and consultants with information related to project proposal. Particularly, Quang Tri Province is rich in timber plantation materials, the output always maintains more than 100.000 hectares to meet the conditions for material areas for the plant to operate. The Southeast Economic Zone meets the requirements of ground construction for pulp factory, preferential policies for investors when investing in Quang Tri.

In addition, Mr. Nguyen Quan Chinh also expressed his concern about the environmental treatment when the factory goes into operation, wishing investors interested in this issue in the process of setting up a project to build a factory.

Representatives of Thai Binh Xanh Joint Stock Company and Poyry Group said that the project to build Thai Binh Xanh pulp factory is invested by Thai Binh Xanh joint stock company with a design capacity of 300.000 – 700.000 tons of products/year with an estimated total investment capital of 11.650 billion VND. For the environmental protection, the consulting firm committed to invest in building factories with synchronous, advanced, modern and environmentally friendly technologies and equipment.

The People's Committee of Quang Tri province unanimously agreed with the investors on the proposals and also assigned the focal responsibility to the Management Board of the Economic Zone of the province to connect with the concerned departments and agencies to support investors and consultants complete the necessary parts for the plant to start construction in 2020.

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