Ha Tinh set to launch six major projects worth nearly $4.9 bln

Ha Tinh province in central Vietnam is set to break ground on and kick off six major projects with a total capital investment of over VND128.55 trillion (nearly $4.9 billion) on December 19, simultaneously with nearly 200 projects nationwide.

These 6 projects in Ha Tinh span a wide range of sectors, from industry and energy to urban development and culture.

The province's  Vung Ang Economic Zone continues to affirm its role as the "locomotive" for investment attraction, particularly for large-scale projects with high spillover effects. At the event scheduled for December 19, Vingroup has registered to hold a launch ceremony for four key projects at the Vinhomes Vung Ang Industrial Park, with total investment reaching hundreds of trillions of Vietnamese dong  (VND).

The most prominent project is the Vinmetal Ha Tinh Steel Manufacturing Plant, with a total investment of nearly VND80 trillion (over $3 billion) and covering an area of over 461 ha. This heavy industry project is considered pivotal, contributing to the formation of a large-scale steel production chain while creating numerous jobs and generating sustainable revenue for the local budget.

Alongside this is the Ky Trinh New Urban Area project in Song Tri Ward, with a total investment of VND8 trillion (over $304 million) and a land use area of over 84 ha. 

In the renewable energy sector, two wind power projects demonstrate Ha Tinh’s commitment to green and sustainable development: the Ky Anh Wind Power Plant and the Eco Wind Ky Anh Wind Power Plant.

With a capacity of 400 MW and a total investment of over VND17 trillion (more than $646 million), the Ky Anh Wind Power Plant is expected to supply approximately 1,053.3 GWh annually.

With a total investment of over VND22.64 trillion (nearly $860.5 million) and a capacity of nearly 500 MW, the latter is expected to produce over 1,322 GWh per year.

On this occasion, Ha Tinh also has two other projects registered for groundbreaking: the Ha Tinh Museum Construction Project and the Xuan Thanh New Urban Area (Phase 1).

As a key cultural work for the province in the 2025–2030 period, with a total investment of VND305 billion (nearly $11.6 million), funded by the provincial budget. the Ha Tinh Museum Construction Project is planned on an area of approximately 2.28 ha.

Located in Tien Dien Commune, the Xuan Thanh New Urban Area (Phase 1) has a total investment of nearly VND550 billion (nearly $21 million) and covers a land area of 45.54 ha.