Binh Dinh Economic Zone Administration has lately issued investment certificate for Hoa Sen steel pipe project of Hoa Sen steel pipe One Member Limited Liabilities Company in Binh Dinh.

Accordingly, the plant will be constructed on the land of 35,529 m2 in Nhon Hoa Industrial Park, An Nhon provincial town, with investment capacity of VND 101 billion. The objective is to produce steel pipes to supply for the Central-Highland market. The plant is expected to have capacity of 100,000 products/year and will go into operation in April 2015.

Hoa Sen group is one of the leading economic group In Vietnam and Southeast Asia with manufacture and trade system. At present, the group has 4 plants with 4,000 workers, a direct distribution network of 115 branches and 03 warehouses nationwide. The outstanding products of the group are tole, plastic steel … In 2013, the group gained VND 11,000 billion of revenue, VND 581 billion of after-tax interest and 250 million USD/year of export. In 2014, the group is making effort to achieve a revenue of VND 14,000 billion and  after-tax interest of VND 600 billion.

IPC Binh Dinh