The Ministry of Planning and Investment has proposed the Prime Minister to approve Hai Phong Port JSC’s investment in construction of two container terminals 3 and 4 in Lach Huyen Port.
The total project investment is about VND6.9 trillion, of which VND3.1 trillion or 45 per cent of the total investment, comes from Hai Phong Port JSC and VND3.8 trillion or 55 per cent of the total investment from commercial loans, Nguyen Canh Tinh, acting director of the Viet Nam National Shipping Lines (Vinalines), parent of Hai Phong Port JSC, told the Giao thong (Transport) newspaper.
The two container terminals will be built at Lach Huyen Port in the Dinh Vu-Cat Hai Economic Zone, Cat Hai District, Hai Phong City.
They will have a total length of 750m and are ability to receive ships with a capacity up to 8,000-TEU (twenty-foot equivalent unit).
The project building two container terminals includes investment in technical infrastructure and equipment, capable of receiving 1 – 1.1 million TEU of goods per year, Tinh said.
The project is to serve the relocation of Hoang Dieu Port, ensuring competitiveness and development of the Hai Phong Port JSC for the long-term.
If it gets the Government’s approval, the project will start construction from 2020 and be completed in 2025. Of which, container terminal 3 will be put into operation from 2022.
Container terminals 1 and 2 came into operation in May 2018 and have served container ships and general ships with a capacity of about 1.1 million TEU per year.
In the period of 2020-25, with a scale of nine terminals, including six container terminals and three general terminals, the Lach Huyen Port can receive 4,000-TEU general ships and 8,000-TEU container ships, according to the approved planning of Lach Huyen Port under the Hai Phong international port system to 2020 and the detailed planning of the Northern seaport group to 2020, with a vision to 2030. — VNS
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