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Samoa Qian Ding Installs Steel Plant in Taiwan

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Project Overview Samoa Qian Ding, a major steel manufacturer in Taiwan staged plans to install a 720,000 tons hot and cool-rolling steel producing facility in Ba Ria-Vung Tau province of Vietnam in November 2004. Installation cost of the plant is estimated at US$650 million, and is intended to exploit the natural resources in Vietnam. The company shall export 80% of the total output to Taiwan and other international markets. The plant employs 700 workers and is the largest stainless steel production plant in Southeast Asia. Project Name Samoa Qian Ding Steel Plant in Vietnam Location Ba Ria-Vung Tau, province of Vietnam Commence 2004 Completion Not Aailable Estimated Investment US$ 650 million Capacity 720,000 tons Key Players Not Aailable

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