Tatas yet to decide on Vietnam steel plant
The Tata group would take a final decision on building a 4.5MT steel plant in central Vietnam after the ongoing feasibility study to ascertain its technical, commercial and environmental viability is over.
By TNN |
NEW DELHI: The Tata group would take a final decision on building a 4.5MT steel plant in central Vietnam after the ongoing feasibility study to ascertain its technical, commercial and environmental viability is over, a company official said.
“Of course, we have done some preliminary research, which leads us to believe the project would be viable. However, we still need to look at the technical, commercial and environmental feasibility before we can say yes to the project,” Tata sons executive director Alan Rosling told the Vietnam Investment Review.
“It will take some months before we have the detailed numbers and then additional months until we put them all together and have a look at the total viability of the project,” he said.
“Of course, we have done some preliminary research, which leads us to believe the project would be viable. However, we still need to look at the technical, commercial and environmental feasibility before we can say yes to the project,” Tata sons executive director Alan Rosling told the Vietnam Investment Review.
“It will take some months before we have the detailed numbers and then additional months until we put them all together and have a look at the total viability of the project,” he said.
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