FACTBOX-Foreign investment projects in Vietnam

Thu Nov 27, 2008 12:16am EST
 
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 Nov 27 (Reuters) - Vietnam's Planning and Investment
Ministry estimated foreign direct investment pledges in the
first 11 months of 2008 jumped nearly seven-fold to a record
$59 billion, compared with a year earlier.
 Disbursement between January and November is estimated to
have risen 44.2 percent from the same period last year to a
record $10 billion, the ministry said in a report seen on
Thursday.
 Malaysia is the biggest investor with investment pledges
totalling $14.9 billion after Lion Industries (LLBM.KL)
received a licence to invest more than $7 billion in a $9.79
billion steel mill with shipbuilder Vinashin, the report said.
 The following is a selection of major existing and
prospective foreign investment projects in the Communist
Party-governed country of 86.5 million people:
 INVESTORS                   PROJECT           INVESTMENT DATE
OF COMPLETION
 OIL REFINERY/PETROCHEMICAL
 Petrovietnam/KPI/Idemitsu   Nghi Son refinery    $6.00 bln
2011
 Petrovietnam/PVDSA#         Long Son refinery    $7.00 bln
2015
 Technostar Management/Telloil Vung Ro refinery   $1.70 bln
2011
 Siam Cement     Long Son petrochemical complex   $3.70 bln
2013
 SP Chemicals SINP.SI Phu Yen naphtha cracker   $1.50 bln
2014
 Petrosetco/Itochu           Ethanol plant         $100 mln
2009
 Petrosetco/Bronzeoak        Ethanol plant         $138 mln 
n/a
 BP/ConocoPhilips/ONGC Videsh Gas pipeline         $1.3 bln
2002
 # State oil firm Petrovietnam plans to sign a contract on the
joint venture with Venezuela's PVDSA in November this year.
 ELECTRICITY
 EDF/Tepco/Sumitomo    Gas-fired Phu My 2-2 plant  $400 mln
2005
 BP                    Gas-fired Phu My 3 plant    $412 mln
2005
 Formosa               Coal-fired Dong Nai plant    $87 mln
2004
 EDF (EDF.PA)         #Coal-fired Hau Giang plant $4.00 bln
n/a
 J-Power (9513.T)     #Coal-fired Ba Ria plant    $2.40 bln
n/a
 AES                  #Coal-fired Mong Duong plant$1.00 bln
n/a
 Sumitomo             #Coal-fired Van Phong plant $3.50 bln
n/a
 # Projects under feasibility study stage.
 STEEL
 Lion Industries       Ca Na Steel Mill JV        $9.79 bln
2025
 POSCO (005490.KS)     Van Phong Bay steel plant  $4.50 bln
2010
 POSCO                 3 mln-T Ba Ria Steel       $1.13 bln
2009
 Tata Steel (TISC.BO)  4.5 mln-T Ha Tinh plant    $5.0  bln
2010
 Formosa (6505.TW)     17.5 mln-T Vung Ang plant  $7.8  bln
n/a
 BAUXITE
 UC Rusal             0.75 mln-T Binh Phuoc plant $2.00 bln
n/a
 ALCOA (AA.N)          1 mln-T Dak Nong plant     $1.00 bln
n/a
 SHIPBUILDING/PORTS
 Hyundai (009540.KS)   Hyundai-Vinashin Shipyard   $170 mln
1999
 STX Group             Van Phong Shipyard          $500 mln 
n/a
 Hutchison Port (0013.HK) Vung Tau container port  $200 mln
2011
 Maersk                Cai Mep Port                $187 mln
2010
 DP World              Saigon Container Terminal   $230 mln
n/a
 SSA Marine            Cai Mep Container Port      $160 mln
2010
 POSCO Engineering     Vung Tau container port     $110 mln
2011
 COMPUTER/ELECTRONICS/TELECOMS
 Intel (INTC.O)        Chip assembly plant         $1.0 bln
2009
 Compal (2324.TW)      Vinh Phuc laptop plant      $500 mln
2009
 Foxconn         Mobile handset Vinh Phuc plant    $1.1 bln
n/a
 Foxconn       Computer components Bac Ninh plant  $5.0 bln
n/a
 Olympus (7733.T)      Digital camera plant         $44 mln
2009
 Canon (7751.T)        Inkjet printer plants       $440 mln
2005
 Vimpelcom (VIP.N)     mobile phone services       $1.0 bln
n/a
 Hutchinson Telecom    mobile services             $600 mln
2007
 Samsung            Bac Ninh mobile handset plant  $670 mln
n/a
 PROPERTY/REAL ESTATE DEVELOPMENT
 Mirax Group           Cam Ranh resort             $200 mln
2010
 Brunei New City Group   Phu Yen township          $4.3 bln 
n/a
 Asian Coast Development Ho Tram Casino Strip      $4.2 bln
2018
 Ciputra          Residential area Hanoi project   $2.0 bln
2005
 Star Bay Holding Kien Giang golf & resort         $1.6 bln 
n/a
 Good Choice USA  Vung Tau resort                  $1.3 bln 
n/a
 TA Associates Int' Thu Thiem IT Park              $1.2 bln 
n/a
 Taiwan's CT & D  Phu My Hung new ubran project    $700 mln
2005
 Keangnam         Keangnam Hanoi Landmark          $1.0 bln
2010
 Kumho Asiana     Asiana Plaza                     $223 mln
2010
 Trustee Suisse   Pearl of Asia Phu Quoc resort    $2.0 bln 
n/a
 Oak Tree Group   Danang Sunrise Casino Resort     $5.0 bln 
n/a
 Berjaya Land     Ho Chi Minh City township        $5.9 bln 
n/a
 AUTOMOBILE/PARTS
 Most major car makers including Ford, GM-Daewoo, Toyota,
Honda,  Daimler, Fiat and Kia have established small-sized
assembly  plants in Vietnam over the past 10 years.
 Kumho Tyres      Binh Duong Tyres plant           $200 mln
2008
 NOTE:
 n/a = not available
 (Sources: government web site (www.chinhphu.vn), Planning and
Investment Ministry (www.mpi.gov.vn), Industry and Trade
Ministry (www.moit.gov.vn), Petrovietnam and other companies)
 (Compiled by Nguyen Nhat Lam)

 

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