Last updated: 16:33 - October 23, 2006
RoK's steel maker to invest US $361 million in Vietnam http://www.nhandan.com.vn/english/business/231006/business_5t.htm#RoKs%20steel%20maker%20to%20invest%20US%20$361%20million%20in%20Vietnam
POSCO, the world's third largest steel maker from the Republic of Korea (RoK), has decided to invest US $361 million in building a mill in Vietnam 's Ba Ria-Vung Tau southern coastal province.
The mill will have an annual production capacity of 700,000 metric tonnes of full hard cold-rolled steel coils and cold-rolled coils.
Construction will begin in October 2007 and will be finished by the end of 2009. (VNA)
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