In order to implement the guideline by Prime Minister and Ministry of Construction on the development of Lilama Corporation into a strong economic group, with multisectorial operations in which machinery, equipment investment and manufacturer are the key areas, in 2007, the rate of Lilamas investment capital in basic construction became higher and higher with every passing day and accounted for a great proportion in business and manufacturer activities. If in 2007, spending for investment activities was 2,646 billion dong, then in 2008, this has reached 4,162.92 billion dong.
Lilama&rsquos selective and intensive investments are in the key areas in agreement with the Governments development planning until 2020, for example, in the power sector (Vung Ang HyThermal Plant 1, Hua Na Hydropower Plant...), cement (Thang Long, Do Luong, Song Thao... Cement Projects), mechanical machine building (Lilama mechanical machine building, equipment and ship building project in Haiphong, Hai Duong, Quang Ninh, 6,000-ton ship build factory in Long An, steel structure and mechanical equipment manufacturer project in Binh Duong, equipment manufacturer complexes at such projects as Dung Quat¸ Nhon Trach, Thang Long, Ca Mau, etc.).
Lilama investment projects which are being executed all can ensure progress and quality. At Vung Ang HyThermal Plant 1, capacity: 1,200 MW, such works as bomb and mine scan, site clearance compensation, leveling and filing in the area for the main power house and operation house have been completed. The plant design work has incorporated foreign consultancy to complete the technical design which is being submitted to Ministry of Industry and Commerce for appraisal and approval. It is expected that there shall be cooperation with Sumitomo to set up an EPC complex to carry out the project.
The installation of Thang Long Cement Project is being rapidly executed, it is expected to be completed in the first quarter of 2008, and in the 2nd quarter of 2008 it shall be tested. Specifically, at the main power house, the equipment and steel structure working process has been finished equipment installation achieved 68.5%, steel structure installation: 70.5%, working, manufacturer at Hiep Phuoc grinding station: 55%, steel structure manufacturer: 70.5%.
Other investment projects such as Song Thao Cement Plant: 1,497.5 ton of equipment has been transported to the Plant, 50.2% of the total workload finished at Do Luong Cement Plant, site clearance (42 ha) has basically been finished. The Government has agreed to appoint the general contractor complex for the Plant which includes: Lilama, LFC Consultancy Company and SIENCO 4. It is expected that EPC contract shall be signed in 2008. Ong River Hydropower Plant Project has completed such works as site clearance, transportation of equipment for EPC packages 1 and 2 and equipment is being installed.
In the area of mechanical manufacturer, Lilama has covered stages of dramatic developments, with yearly growth rate of 25-35%. The Corporation concentrates on strong investment, improves the ability to design, manufacturer equipment for the Corporation and its member entities to strive to become one of the cores in the program for the development of theVietnamese mechanical industry. Lilama manufacturer centres spread far and wide. At the moment, Lilama is capable of manufacturing over 150,000 ton of product/year. All products manufactured by Lilama are always of good quality, meeting high technical, aesthetic requirements, a lot of which have been exported to many countries in the world.
For the time being, Lilama has been manufacturing equipment for various projects such as Uong Bi Thermal Plant 1 (manufacturing 70% of the equipment), manufacture clinker kiln for Song Gianh , Thang Long, Cam Pha Cement Plants, Dung Quat Oil Refinery, Ca Mau Gas Power Plants 1 & 2, manufacture equipment and ship building in Haiphong & Lilama is presiding over a good many scientific and technological research subjects serving equipment manufacture program, for example, projects of research on design and manufacture of key equipment for the synchronous line of cement rotary kiln with an output of 2,500 ton of clinker/day to replace the imported one, implementing the process of localization, projects of research and manufacture at home synchronous equipment for a coal-fueled thermal power plant 300 MW.
Looking back for one year in manufacture and business operation of the Corporation, all planning indexes have increased high. Manufacture and business value reached 15,007 billion dong, increasing 144% compared with 2006, sales reached 9,743 billion dong, increasing 132% compared with 2006. It is expected that in 2008, manufacture and business value shall reach 18,084.4 billion dong, increasing 120% compared with 2007 sales will reach 12, 435, increasing 127% compared with 2007, profits reach 221.7 billion dong, increasing 132% compared with 2007.
Ha Duy Tinh