TKV reviews 2025 investment performance, sets key tasks for 2026

TKV Vice President Phan Xuan Thuy chairs a meeting to review investment performance in 2025 and outline key tasks for 2026.

At the meeting, representatives of TKV’s Investment Department reported on the implementation of the 2025 investment plan, progress of major projects, disbursement results, and challenges related to investment preparation, project execution, and project management.

According to the consolidated report, TKV’s total capital investment in 2025 reached approximately VND 11.77 trillion, equivalent to 107% of the annual plan, marking the highest investment level in the 2020–2025 period. This result reflects the Group’s strong determination and effective management in investment execution.

In 2025, TKV commenced construction of 12 key projects, including five coal mining projects, three coal processing and conveyor transport projects, three worker housing projects, and one red mud dry disposal project, along with several other technical infrastructure works. Notably, the expansion of the Ha Rang underground coal mine was launched on August 19, 2025, under a national-level government program, underscoring TKV’s role in ensuring national energy security.

During the year, two underground coal mining projects reached their designed capacity, including the Nam Mau shaft project and the Nui Beo underground mine. Among them, Nui Beo achieved its designed capacity after eight years of operation, becoming the fastest underground coal project within TKV to reach full capacity.

Progress was also recorded in resolving long-standing land and planning issues, with 24 out of 33 pending matters in Quang Ninh province basically settled. Additionally, TKV conducted a review of 92 land plots at 16 subsidiaries that are no longer in use, proposing their recovery to facilitate investment restructuring and sustainable development.

In 2025, TKV also processed a record 39 licenses related to mineral activities, including issuance, extension, and adjustment, providing a solid legal basis for long-term mining operations.

Concluding the meeting, Vice President Phan Xuan Thuy acknowledged the efforts of TKV’s departments and member units amid ongoing challenges in legal procedures and site clearance. For 2026, with a planned investment value of over VND 12.2 trillion, he emphasized stricter investment discipline, closer coordination with authorities, accelerated project implementation, and improved efficiency in consultancy and project management./.