Vietnam’s Hoa Phat Group and the leader of Phu Yen Province inked a Memorandum of Understanding (MoU). Hoa Phat has committed to invest in three pivotal projects in South Phu Yen Economic Zone. The developments encompass Bai Goc Port, the Hoa Phat Iron and Steel Complex, and the Hoa Tam Industrial Park.
The total investment would be about VND 120 trillion. Once the projects were completed, the initiatives were expected to create 20,000 job opportunities and contribute VND 10 trillion annually to the provincial budget.
Source：YIEH
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