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Home > "Vietnam PM Halts $10.6 Billion Steel Plant On Environmental Concern"

"Vietnam PM Halts $10.6 Billion Steel Plant On Environmental Concern" [1]

"Vietnam's prime minister halted work at a $10.6 billion steel plant on concern over its environmental impact, in an effort to prevent another 'Formosa incident', local media reported, citing a government statement.

Steel maker Hoa Sen Group, the plant's investor, was not immediately available for comments. The company announced plans last year for the project, a complex of more than 1,700 hectares (4,200 acres) that could produce 16 million tons of steel a year.

Prime Minister Nguyen Xuan Phuc requested related parties to clarify market demand and environmental impact, state-run Vietnam television (VTV)'s website said."

My Pham reports for Reuters April 16, 2017. [2]

Pollution [3]
Asia [4]
Public [5]
Source: Reuters [2], 04/17/2017
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Source URL:https://www.sej.org/headlines/vietnam-pm-halts-106-billion-steel-plant-environmental-concern

Links
[1] https://www.sej.org/headlines/vietnam-pm-halts-106-billion-steel-plant-environmental-concern [2] http://www.reuters.com/article/us-hoa-sen-group-environment-idUSKBN17I0HI [3] https://www.sej.org/category/topics-beat/pollution [4] https://www.sej.org/category/region/international/asia [5] https://www.sej.org/taxonomy/term/81