The project has an investment capital VND3.28 trillion (US$205m), including VND2.3 trillion (US$146.5m) from loans.
Construction of the plant is scheduled to start in the fourth quarter of this year and it will be operational in January 2011.
On January 5, the Nam Dong Viet Song Long Cement Investment Joint-Stock Company contributed 100 million VND to the province’s campaign to build houses for poor people in disaster-hit areas.