FACTBOX-Foreign investment projects in Vietnam

Tue Jul 29, 2008 6:06am BST



  July 29 (Reuters) - Vietnam's Ministry of Planning and
Investment said on Tuesday that it estimated foreign direct
investment (FDI) in the first seven months of 2008 would be
more than double the figure in all of 2007 at $45.2 billlion.
 Foreign investors pledged to invest $20.3 billion last
 The latest FDI projects that have been licensed include
Malaysian developer Berjaya Land Berhad's $5.9 billion township
in Ho Chi Minh City and Taiwanese group Formosa's $7.8 billion
steel complex in the central province of Ha Tinh, the ministry
 Taiwan now ranks as the biggest foreign direct investor in
Vietnam with $8.42 billlion in new investment funds committed
so far this year.
 The following is a selection of major existing and
prospective foreign-investment projects in the Communist
Party-governed country of 86 million people: INVESTORS         
 OIL REFINERY/PETROCHEMICAL: Petrovietnam/KPI/Idemitsu    Nghi
Son refinery   $6.00bln  2011 Petrovietnam/PVDSA*          Long
Son refinery   $7.00bln  2015 Technostar Management/Telloil
                           Vung Ro refinery   $1.70bln  2011
Siam Cement
             Long Son petrochemical complex   $3.70bln  2013
SP Chemicals SINP.SI  Phu Yen naptha cracker   $1.50bln  2014
Petrosetco/Itochu                Ethanol plant    $100mln  2009
Petrosetco/Bronzeoak             Ethanol plant    $138mln   n/a
BP/ConocoPhilips/ONGC Videsh      Gas pipeline    $1.3bln  2002
*State oil firm Petrovietnam has yet to finalise the joint
ventures Venezuela's PVDSA for Long Son refinery. ELECTRICITY
EDF/Tepco/Sumitomo    Gas-fired Phu My 2-2 plant  $400mln  2005
BP                      Gas-fired Phu My 3 plant  $412mln  2005
Formosa                Coal-fired Dong Nai plant   $87mln  2004
EDF (EDF.PA)*         Coal-fired Hau Giang plant $4.00bln   n/a
J-Power (9513.T)*        Coal-fired Ba Ria plant $2.40bln   n/a
AES*                 Coal-fired Mong Duong plant $1.00bln   n/a
Sumitomo*             Coal-fired Van Phong plant $3.50bln   n/a
* Projects under feasibility study stage. STEEL POSCO
(005490.KS)*    Van Phong Bay steel plant  $4.50bln  2010 POSCO
              3 mln-tonne Ba Ria Steel  $1.13bln  2009 Tata
Steel (TISC.BO)  2 mln-tonne Ha Tinh plant  $3.50bln  2009
Formosa (6505.TW)      17.5mln-T Vung Ang plant   $7.8bln   n/a
BAUXITE UC Rusal         0.75 mln-tonne Binh Phuoc plant
$2.00bln   n/a ALCOA (AA.N)          1 mln-tonne Dak Nong plant
$1.00bln   n/a SHIPBUILDING/PORTS Hyundai (009540.KS)   
Hyundai-Vinashin Shipyard  $170mln  1999 STX Group             
    Van Phong Shipyard  $500mln   n/a Hutchison Port
(0013.HK) Vung Tau container port  $200mln  2011 Maersk        
                  Cai Mep Port  $187mln  2010 DP World      
     Saigon Container Terminal  $230mln   n/a SSA Marine    
        Cai Mep Container Port  $160mln  2010 POSCO
Engineering        Vung Tau container port  $110mln  2011
assembly plant $1.00bln  2009 Compal(2324.TW)           Vinh
Phuc laptop plant  $500mln  2009 Foxconn           Mobile
handset Vinh Phuc plant $1.10bln   n/a Foxconn       Computer
components Bac Ninh plant $5.00bln   n/a Olympus (7733.T)      
  Digital camera plant   $44mln  2009 Canon (7751.T)        
 Inkjet printer plants  $440mln  2005 Vimpelcom VIP.N     
 mobile phone services $1.00bln   n/a Hutchinson Telecom    
       mobile services  $600mln  2007 Samsung            Bac
Ninh mobile handset plant  $670mln   n/a PROPERTY/REAL ESTATE
DEVELOPMENT Asian Coast Development      Ho Tram Casino Strip
$4.2bln  2018 Ciputra            Residential area Hanoi project
$2.0bln  2005 Taiwan's CT & D     Phu My Hung new ubran project
$700mln  2005 Keangnam                  Keangnam Hanoi Landmark
$1.0bln  2010 Kumho Asiana                         Asiana Plaza
$223mln  2010 Trustee Suisse      Pearl of Asia Phu Quoc resort
$2.0bln   n/a Oak Tree Group       Danang Sunrise Casino Resort
$5.0bln   n/a Berjaya Land            Ho Chi Minh City township
$5.9bln    n/a AUTOMOBILE/PARTS
  Most major car makers including Ford, GM-Daewoo, Toyota,
Honda, Daimler, Fiat and Kia have established small-size
assembly plants in Vietnam over the past 10 years.
 Kumho Tyres               Binh Duong Tyres plant $200mln 
 NOTES:    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)