September 07, 2008

Zamil Steel boosts capacity in Vietnam with new plant

VNS reported that Pre Engineered Building producer Zamil Steel Viet Nam has opened its second factory in Viet Nam, in the Amata Industrial Park in the southern province of Dong Nai.

The facility, covering more than 24,000 square meters, would produce 4,500 tonnes of steel buildings per month. It will help bring the company’s total annual production to 100,000 tonnes or a total annual production of 50,000 tonne to 100,000 tonnes, once it reaches full operating capacity, according to the company.

Mr George Kobrossy GD of Zamil Steel Viet Nam said that "While demand for steel buildings is still increasing strongly, our plant in Ha Noi has been at full capacity for the last few years, after two expansions in 2002 and 2004. We think that the time now is right for us to operate the new factory to meet the demand and better serve our customers in Viet Nam as well as in the region.”

Mr Kobrossy added that the "The opening of the factory is also proof of our long term commitment to the Vietnamese economy."

Zamil Steel Viet Nam was established in 1997 as a joint venture between Saudi Arabia’s Zamil Steel Industries and Japan’s Mitsui & Co Ltd. The first factory, located in Ha Noi’s Noi Bai Industrial Zone, produced 5,000 tonnes of steel buildings per month in 2007. Construction of the USD 14 million plant would increase the total investment of Zamil Steel in Viet Nam to over USD 35 million.