Hoa Phat Group Joint Stock Company announced that the Board of Directors approved the adjustment of Hoa Phat Dung Quat Iron and Steel Production Complex – Expansion Phase in Dung Quat Industrial Zone, Quang Ngai Province. Area for project is 166 hectares. Total investment is VND 60,000 billion. Project progress is divided into 02 stages. Stage 1: completing the construction and putting into operation in 36 months from the date of receipt of land transfer and construction license. Stage 2: completing the construction and putting into operation in 36 months from the finish date of Stage 1.