The project of stainless steel and alloy steel factory was approved by the People's Committee of Quang Tri province on January 30, 2019, on an area of ​​nearly 312,000m2 in Hai Ba and Hai Que communes (Hai Lang district) located in Quang Tri Southeast Economic Zone.

The plant has a capacity of 240,000 tons / year, total investment of nearly VND 1,600 billion. Project implementation progress is 14 months, he project's operation duration is 50 years, counting from the date of issuing investment policy.

It is expected that the construction progress of about 14 months will create jobs for nearly 450 direct employees in the locality. The products manufactured by the Company serve domestic and export demands such as welding rods, welding wire, galvanized wire, industrial nails... Speaking at the ceremony, Vice Chairman of Quang Tri People's Committee, Mr. Nguyen Quan Chinh expected investors to continue to show their determination, to focus resources on early completion of the project, to contribute to the bank.

The construction units focus on manpower and material resources, take advantage of favorable weather, expeditiously execute and ensure technical and artistic elements. At the same time, the Management Board of Economic Zone of the province and Hai Lang district continues to support, coordinate and assist the Company in the construction process, creating a link between businesses and the local authorities and people.