Vietinbank funds over VND1 trillion for SSSC plant

03:01, 25/01/2013

(ĐN)- On January 24, Dong Nai Branch of Vietinbank signed an agreement to provide a VND1.035 trillion loan for the new production plant project of Southern Steel Sheet Company(SSSC) .

(ĐN)- On January 24, Dong Nai Branch of Vietinbank signed a credit agreement Southern Steel Sheet Company(SSSC) to provide a loan of VND1,035 billion for the project of steel sheet production plant.

Vietinbank (R) and Tan Mai Group (L) sign a US$ 56.3 million credit agreement for construction of new pulp and paper mill.
Vietinbank (R) and SSSC (L) sign a VND1.035 trillion credit contract. 

The new plant, is being built in Nhon Trach 2 Industrial Park in Dong Nai province, will produce galvanized steel sheet and prepainted galvanized steel sheet.

The US$70 million plant is expected to put into operation in 2014 with an annual capacity of 150,000 tonnes.

Reported by V.N