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Hengxing Technology: Aims to Invest Up to US$10 Million in Vietnam for a 150,000-ton High-Performance Prestressed Steel Strand Facility
1 week ago /
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Author：小编
Hengxing Technology has announced its intention to establish a new venture in Vietnam and invest in the development of a 150,000-ton high-performance prestressed steel strand project, in line with its strategic growth objectives. The estimated total investment for this initiative does not exceed US$10 million, which will be sourced entirely from the company's own funds. The realization of this investment is contingent upon successfully navigating various domestic and international approval processes, encompassing domestic clearances, record filings, and securing local investment permits in Vietnam. It is important to note that this endeavor carries inherent uncertainties and risks.
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