Daehan Sta.z Vietnam Co.Ltd. in the My Phuoc 3 Industrial Park has just held a ceremony to inaugurate and put its steel factory into operation.

It is known that the steel factory has a total investment capital of US$4mln from South Korean’s Daehan Sta.z Corporation. With the annual output of 43,000 tons a year, it will supply various steel products for the domestic market to serve construction works.

Addressing the ceremony, provincial People’s Committee Vice-Chairman Tran Thanh Liem spoke highly of the efforts by Daehan Sta.z Vietnam Co.Ltd., the investor of the project. He said that Daehan Sta.z Vietnam Co.Ltd still promoted investment and soon put into its steel factory operation amidst current difficulties, which was a great effort by the company. Provincial leaders would also create favorable conditions for the company to effectively operate.

Reported by Thanh Son-Translated by K.T