Japanese group sees opportunities in Quang Ngai

News - The Japanese group, Marubeni, and the Vietnam Trading Engineering Construction Joint Stock Corporation (Vietracimex) have met with Quang Ngai’s provincial authorities to seek out investment opportunities in the province.

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 apply modern technologies and have a waste treatment system up to 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.