Prime Minister halts 10.6 billion USD steel plant

by VTV418 April 2017 Last updated at 11:03 AM

The 3D image of the Hoa Sen Ca Na Steel plant in the south-central province of Ninh Thuan (Photo: hoasengroup.vn)
The 3D image of the Hoa Sen Ca Na Steel plant in the south-central province of Ninh Thuan (Photo: hoasengroup.vn)

VTV.vn - PM Nguyen Xuan Phuc has ordered the suspension of construction of the 10.6 billion USD Hoa Sen Ca Na steel plant in southern-central Ninh Thuan Province.

A statement from the Government Office has cited the prime minister as saying that the preparations for the project had been too "hasty" and only provided a preliminary assessment.

He asked the province to clarify the effects on the environment, assess the domestic steel demand, as well as the total investment of the project. In addition, PM Phuc said the authorities also needed to weigh the technology and possible environmental impacts to insure against a disaster similar to that caused by the Formosa Steel Plant in Ha Tinh Province.

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