04/05/2008
VNA (Hanoi)
VietNamNet Bridge - The Prime Minister has allowed the Viet Nam Coal and Minerals Group (TKV) to establish joint stock companies with foreign investors holding maximum 40 percent of stake.
A document was issued on May 2 providing PM’s instructions on investment mechanism in projects with foreign partners’ participation to explore bauxite and produce alumina in the Central Highlands and explore bauxite in southern Binh Phuoc province.
The group was required to promptly carry out the Nhan Co Alumina project in Dak Nong province and Tan Rai bauxite project in Lam Dong province in the Central Highlands.
TKV may offer Alcoa Group of the US a stake of up to 40 percent to invest in the Nhan Co alumina project ; and up to 20 percent for China ’s Yunnan metallurgy group to invest in the Tan Rai bauxite project. The Nhan Co alumina project has been permitted to increase its output to 600,000 tonne a year.
The group also received approval in principle for its plan to establish a joint stock company to build the railway linking Dak Nong, Lam Dong and Binh Thuan provinces, with the participation of foreign partners which invest in bauxite projects in the Central Highlands.
The PM also gives directive on participation of China ’s Chalco group in the May 1 and Quang Son mining projects, and BHP group of UK and Australia in a bauxite exploitation and processing project in Cambodia.
A document was issued on May 2 providing PM’s instructions on investment mechanism in projects with foreign partners’ participation to explore bauxite and produce alumina in the Central Highlands and explore bauxite in southern Binh Phuoc province.
The group was required to promptly carry out the Nhan Co Alumina project in Dak Nong province and Tan Rai bauxite project in Lam Dong province in the Central Highlands.
TKV may offer Alcoa Group of the US a stake of up to 40 percent to invest in the Nhan Co alumina project ; and up to 20 percent for China ’s Yunnan metallurgy group to invest in the Tan Rai bauxite project. The Nhan Co alumina project has been permitted to increase its output to 600,000 tonne a year.
The group also received approval in principle for its plan to establish a joint stock company to build the railway linking Dak Nong, Lam Dong and Binh Thuan provinces, with the participation of foreign partners which invest in bauxite projects in the Central Highlands.
The PM also gives directive on participation of China ’s Chalco group in the May 1 and Quang Son mining projects, and BHP group of UK and Australia in a bauxite exploitation and processing project in Cambodia.
6 comments:
Well, again there is no stopping as to what, when and where this Viet slave HUN SEN is subjecting Cambodia to the Viet federation of Indochina.
HUN SEN must be put on trial just like the rest of the Khmer Rouge (KR) and shot by the firing squad if found guilty!
I hope they will find plenty of bauxite and beyond. That way, will all get jobs we long waited for.
Is this a real business investment or a part of Indochina Federation obligation?. If it is a real business between the 2 countites it is good & OK, Indochinese Federation no.
DEATH TO VIETNAM
DEATH TO VIETNAM
DEATH TO VIETNAM
DEATH TO VIETNAM
DEATH TO VIETNAM
DEATH TO VIETNAM
DEATH TO VIETNAM
...
There is nothing wrong with Indochinese Federation. It's no difference from European Federation, or Middle-East Federation, ... , If people wanted it, they have the right to it, and they should do it.
The Indochina Federation is the one once controlled by Ho Chi Min. He once called it "l'union indochi noise sous le tutelage du parti communiste indochinois" which is the vietnamese communist party.
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