The $34 million 140,000 square-metre factory will produce 9,000 tonnes of steel structures upon reaching its full capacity by the end of this year. It is going to be a new hub of production of steel structures for bridges, equipment for thermal power plants and other construction machinery that serve projects in Vietnam as well as other countries.
“With the inauguration of the factory, IHI will be able to respond to the local demand of high quality steel structure for infrastructure development and other purposes,” said Sadao Degawa, executive vice president and senior executive officer at IHI Corporation.
IHI Corporation has been present in Vietnam since 2008. It has been involved in multiple infrastructure projects in the country such as the construction of the Nhat Tan Bridge in Hanoi and the rebuilding and reconstruction/renovation of the Binh Bridge in Haiphong and is now part of the project to build the Hanoi-Ho Chi Minh City Railway Line Bridge.
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