Vinalines spends over VND7 trillion on port construction in Hai Phong
Thursday, October 4,2018
AsemconnectVietnam - Vietnam National Shipping Lines (Vinalines) has sought approval from the Ministry of Transport and the Government for a project to build two container ports at Lach Huyen international seaport in Hai Phong northern city.
The new ports, with a total length of 750m, will be built with investment worth around VND7 trillion (US$300.7 million). Once operational, they are expected to receive cargo vessels of up to 100,000 DWT.
In addition, Vinalines and the Hai Phong Port will strengthen cooperation and invest in a 250ha-logistics centre to optimise trade activities in the area.
The project aims to realise Vinaline’s target of handling 30% of goods going through the country’s ports by 2020, as well as maintaining its position as the country’s key port operator.
Lach Huyen port will be developed as the sole port in Vietnam’s northern region able to receive ships of 150,000 tonnes.
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