Heavy industry

The Hoa Phat Dung Quat 2 Iron and Steel Production Complex is a strategic industrial megaproject located in the Dung Quat Economic Zone, Quang Ngai Province, developed by Hoa Phat Group—Vietnam’s largest steel manufacturer.

Key Highlights:

• Total Investment: VND 85 trillion (approx. USD 3.5 billion)
• Site Area: 279 hectares
• Designed Capacity: 5.6 million tons/year
  • 4.6 million tons of hot rolled coil (HRC)
  • 1 million tons of special-grade steel
• Technology: European-standard continuous casting and rolling lines, ultra-large 2,500m³ blast furnaces (double the size of Dung Quat 1), and advanced environmental systems to reduce CO₂ emissions and energy consumption2.

Construction & Execution:

• Construction began in Q1/2022, with Coteccons as the lead contractor applying fast-track methods to accelerate progress without compromising quality.
• Over 15,000 hours of safe construction have been logged, with more than 100 major components underway.
• Phase 1 is expected to be operational by early 2025, with full capacity reached by late 20252.

Economic & Social Impact:

• Will create approximately 13,600 jobs, with 80% local employment
• Aims to elevate Hoa Phat’s position as a leading steel producer in Southeast Asia
• Supports Vietnam’s industrial growth and self-sufficiency in high-quality steel for sectors like automotive, construction, and manufacturing1.

NSCA’s Contribution:

Ngôi Sao Châu Á (STAR ASIA) is proud to supply Starduct-branded cable trays for this high-specification project, meeting the stringent quality and safety standards required for such a critical infrastructure development.