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T&T, BB Group and many businesses simultaneously came to Quang Tri to invest in heavy industry and energy projects with a scale of several billion dollars.

Vina Roma invests in the project Iron and steel complex 47,000 billion VND (more than 2 billion USD)

After surveying and researching in Quang Tri Southeast Economic Zone, Vina Roma Quang Tri Steel Joint Stock Company proposed to invest in the Quang Tri Iron and Steel Complex project with the goal of producing construction steel, section steel and hot rolled steel plate. with modern European technology.

The investment project’s progress is expected to be 5 years, the total investment capital of the whole project is expected to be about 47,000 billion VND. In which, the investment phases are expected as follows: Phase 1: 02 years and 6 months from the date of being approved for investment (15,000 billion VND); Phase 2: 2 years since phase I started construction 6 months (9,000 billion VND); Phase 3: 02 years starts after phase II is completed 01 year (VND 23 trillion). Estimated area for about 463 ha (all 3 phases).

Notably, Vina Roma Quang Tri Steel Company was newly registered on 11/13/2021, whose legal representative is Mr. Nguyen Quy Chien. With only half a year of operation and being quite secretive, the fact that Vina Roma proposed such a “huge” project makes many people curious about who is the owner behind this business.

T&T, BB Group and many businesses simultaneously came to Quang Tri to invest in heavy industry and energy projects with a scale of several billion dollars - Photo 1.

Based on the ownership structure, Vina Roma currently has 8 owners, including 6 legal entities and 2 natural persons. Most of the enterprises owning capital at Vina Roma are operating in the fields of transportation equipment, construction materials, industrial chains, project investment, etc. The individuals are related to the company. enterprises owning capital at Vina Roma.

BB Group invests in 2 projects Gas Industry Center and General Port with a total capital of 5.5 billion USD

On April 25, Quang Tri Provincial People’s Committee, BB Group Joint Stock Company (BBG Group, Vietnam) and Quantum Corporation of the United States signed a cooperation agreement to invest in two projects of a gas industry center and a general port in Ho Chi Minh City. Southeast Quang Tri Economic Zone.

T&T, BB Group and many businesses simultaneously came to Quang Tri to invest in heavy industry and energy projects with a scale of several billion dollars - Photo 2.

About the project of Hai Lang – Quang Tri gas industry center project with the scale of about 140 hectares, the total investment capital is expected to be 5 billion USD. The project has the following items: gas processing plant and liquefied natural gas production plant, onshore gas storage, floating gas storage. The project will be implemented from 2022-2030; in which, phase 1 will be deployed from 2022-2027 with a capital of 3.5 billion USD; Phase 2 from 2026-2030 with a capital of about 1.5 billion USD.

The second is the Quang Tri General Port project with a scale of about 275 hectares, the total investment is expected to be 500 million USD. The project can receive all kinds of general ships, containers, and bulk cargoes with a tonnage of 100,000 tons; ships carrying liquid goods such as gas and gas with a tonnage of 180,000 tons; project investment period from 2022-2025.

It is known that BB Group Joint Stock Company was newly established in April 2017, with a charter capital of 500 billion VND. The shareholders of the company include: Mr. Vu Quang Bao – Chairman of the Board (65%), Mr. Nguyen Tu Huy (20%) and Ms. Vu Thi Thu Hang (15%).

Mr. Vu Quang Bao (born in 1970) is also the General Director of Bitexco Group Co., Ltd. – owner of many iconic projects in Ho Chi Minh City and Hanoi such as Bitexco Financial Tower and JW Hotel. Marriott Hotel Hanoi.

BB Group is Mr. Bao’s private investment arm, which is basically unrelated to Bitexco’s investment direction. While Bitexco invests heavily in hydropower, BB Group mainly focuses on renewable energy segments such as wind power and solar power.

BB Group is currently the investor of a series of renewable energy projects including Hung Hai Gia Lai Wind Power Plant with a capacity of 100 MW in cooperation with Hung Hai Group Joint Stock Company; The duo of My Son 1 and My Son 2 solar power plant projects in Ninh Thuan have a total capacity of 100MW, Hong Phong 5.2 solar power plant in Binh Thuan with a capacity of 48 MW, Gio Thanh 1 solar power plant in the province. Quang Tri has a capacity of 50 MW.

T&T Group and the project gas electricity 2.3 billion USD

On January 15, Quang Tri People’s Committee and investor complex (T&T Group Joint Stock Company, Hanwha Energy Corporation, Korea Gas Corporation, South Korea Electricity Corporation) started the technical component. Hai Lang LNG Power Center project phase 1.

T&T, BB Group and many businesses simultaneously came to Quang Tri to invest in heavy industry and energy projects with a scale of several billion dollars - Photo 3.

Commencement ceremony of the project

With a scale of more than 120 hectares, the project will build the Hai Lang LNG Terminal Warehouse Center (phase 1), receive LNG tankers from 170,000-226,000 m3, capacity to receive 1.5 million tons of LNG/year, and the center will receive LNG tankers from 170,000 to 226,000 m3. Hai Lang power center (phase 1) has a generating capacity of 1,500 MW.

The total investment capital of the first phase of the project is up to nearly 54 trillion VND (more than 2.3 billion USD). According to the plan, the project will be put into commercial operation in 2026 – 2027.

It is known that T&T Group is a multi-industry group associated with the name of Mr. Do Quang Hien (also known as Bau Hien). In order to comply with the provisions of the newly amended Law, Mr. Hien recently had to resign from the position of Chairman of the Board of Directors of T&T Group to continue sitting as Chairman of the Board of Directors of SHB.

In particular, all three projects above are expected to be built in the Southeast Quang Tri Economic Zone. This is the area where the Prime Minister has a policy for investment in the construction project of Quang Tri Airport, which is being kicked off. These are projects that create an important foundation for building Southeast Quang Tri Economic Zone into a dynamic, modern and efficient economic zone of great stature in the Central region, the country and the world. ASEAN region.

https://cafef.vn/tt-bb-group-va-nhieu-doanh-nghiep-dong-loat-den-quang-tri-dau-tu-cac-du-an-cong-nghiep-nang-nang- luong-quy-mo-ca-vai-ty-do-20220531115626145.chn


According to Huyen Trang

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