$274mn chemical complex to be developed in Vietnam’s central province

Nguyen Thanh Nguyen, deputy head of the Gia Lai Economic Zone Authority, said on Tuesday that the authority had issued an investment registration certificate to Vnchemora, headquartered in Quy Nhon Nam Ward, to invest in the project.

The industrial chemicals and green consumer products manufacturing complex project will specialize in producing basic chemicals, including caustic soda, sodium hypochlorite, ferric chloride, hydrochloric acid, and polyaluminium chloride, Nguyen said.

The complex is designed to have an annual production capacity of 100,000 metric tons of caustic soda, 150,000 metric tons of chlorine-based products, and 100,000 metric tons each of vinyl chloride monomer and polyvinyl chloride.

Spanning more than 41 hectares, the complex will be built at Phu My Industrial Park in Phu My Dong Commune.

The project has a total investment capital of nearly VND7 trillion, divided into three phases.

It will have an operational term of 70 years from the date its investment registration certificate is issued.

As planned, work on the first-phase factory will get off the ground in late 2026, with operations expected to commence in December 2028.

Phase-two construction is scheduled to start in May 2029, followed by the third phase in December 2030.

The investor is required to comply with all relevant regulations governing construction, land use, environmental protection, labor, business registration and other applicable legal requirements.

Gia Lai approves green fertilizer project

Also on the same day, the authority announced that it had granted an investment registration certificate for a VND980 billion ($38 million) fertilizer manufacturing project.

The Gemora Green Fertilizer and Agricultural Chemicals Plant project will be developed by Gemora Global.

The project will occupy 18.4 hectares at the park.

Construction of the first phase is expected to begin in December.