Quang Ngai province approves $133 mln gas project for Germany's Messer
The industrial zone authority in Quang Ngai has given an in-principle nod to Messer, a German industrial gas producer, to build a $133 million factory in the central province's Dung Quat Economic Zone.
The project’s designed capacity is 240,000 normal cubic meters of oxygen and nitrogen gas an hour, 400 tons of liquid argon, oxygen, and nitrogen a day, and 12.09 normal cubic meters of krypton, xenon, and a mix of helium and neon.
The project is set to cover 7.24 hectares of land and water with a construction time of 15 months and will employ around 50 locals.
Messer entered Vietnam in 1997 and now runs three subsidiaries in Hai Phong City in the north and Binh Duong and Binh Phuoc provinces in the south. It has invested over $250 million in Vietnam and currently operates nine facilities with over 400 staff.
The company's latest one is the $43 million Messer Yen Binh factory, inaugurated in the northern province of Thai Nguyen last year. Currently, Messer is processing legal procedures to build a new $19 million plant in Song Cong I Industrial Park, Thai Nguyen province.
Quang Ngai is emerging as a manufacturing center in central Vietnam, with a gross regional domestic product (GRDP) growth of 8.08% in 2022. The province has a strategic position in Vietnam's Central Key Economic Zone and the East-West Economic Corridor, with a convenient system of roads, railways, waterways, and airways.
The 45,332-hectare Dung Quat Economic Zone in Quang Ngai borders the sea to the east, the North-South Railway to the west, and Quang Nam province to the north.
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