Construction corporation to step up operations

Construction corporation to step up operations
08 August 2006

The Vietnam Construction and Machinery Installation Corporation (Lilama) is stepping up its energy, cement and ship-building projects valued at a combined US$1.8bn, said the company’s general director Pham Hung.  Technical designs for infrastructure construction of the Thang Long and Song Thao cement plants have been finished.  
The 5.2 trillion VND (US$325.6m) Thang Long factory will be capable of producing an annual 2.3Mt of cement while the 1.1 trillion VND (US$66.1m) Song Thao plant, scheduled to open in 2008, will have an annual capacity of 2.5Mt
The corporation has begun topographical and geological surveys for the planned 180-megawatt Hua Na hydro-power plant in central Nghe An province. The provincial People’s Committee has already approved a plan to resettle people living in the project site.  
Lilama has also submitted a proposal to the Ministry of Industry for it to build a 630 million USD, 1,200-MW Vung Ang 1 power plant, and a landing wharf for coal barges at Vung Ang Deep Sea Harbour Region in central Ha Tinh province.  
The Hai Phong Equipment Manufacture and Ship-Building Company (Lisemco), a subsidiary of Lilama, is now negotiating with a German partner to build five 8500-tonne ships next year in a deal valued at US$50m, it said.

Published under Cement News