The US $ 10.6 billion steel project invested by Hoa Sen Group in Ninh Thuan province was suspended for clarification on some issues related to environment, technology, equipment ...
Earlier, a meeting of the Permanent Government in early March with the full attendance of Deputy Prime Ministers and Ministries and People's Committees of Ninh Thuan province on the Ca Na project took place and the Prime Minister made The official conclusion here.
The PM said that the project stopped at a preliminary assessment. Therefore, the preparation of the project is in a hurry, information about the project is still incomplete, comprehensive. Therefore, the Prime Minister suggested Ninh Thuan province to stop the project proposal to clarify three issues:
- First is the demand for steel market in the country and the world has calculated carefully or not. Because on this basis, the planning of steel plants, the structure of new products are reviewed to suit the market demand. This is also the basis for determining the size, capacity and timing of project development.
- The second is a careful assessment of the environment, technology and equipment of the project. It is important to ensure that the project is safe and does not have a similar incident to Formosa.
- Third is to redefine the total investment capital of the project.
"This is a steel rolling mill project proposed after the incident of Formosa steel plant so very sensitive, so the research proposal investment policy should carefully do the above content at the feasibility study level. Project, "the document concluded the opinion of the Prime Minister stated.
For Ninh Thuan province alone, PM Dung said that this is a difficult province. The stop of the nuclear power plant has greatly affected the development of the province so it is now necessary to attract other investors to invest and develop the potential of Ninh Thuan.
Because Ninh Thuan is poor, the development gap is still great. Development sources come not only from steel plants, but also from nuclear power plants, clean energy investments, tourism or organic farming. Now, a large project such as Ca Na is launched in Ninh Thuan is welcome, but still need to review and evaluate properly.
Earlier at the investment promotion conference in Ninh Thuan province in August 2016, Le Phuoc Vu - Chairman of Hoa Sen Group said plans to invest in construction of Hoa Sen - Ca Na steel project in this province. , With a total investment of more than $ 10 billion, producing 16 million tons of steel a year.
This project was also included by the Ministry of Industry and Trade in the draft of the steel industry master plan until 2025 with the orientation of 2035. However, in the second draft of this master plan, the authorities removed the name of the fish owner The project, including Ca Na.