Vietnam starts сonstruction of Cai Mep container terminal
Construction on Vietnam's newest container port, the Cai Mep International Terminal Co Ltd (CMIT) container facility, began yesterday.
The groundbreaking ceremony for the new terminal was held onboard a vessel overlooking the CMIT construction site on the Cai Mep River in Ba Ria-Vung Tau Province's Tan Thanh District.
The new terminal is due to open in late 2010 and will have a handling capacity of some 1.1 million TEU (a 20-foot equivalent container) per year.
The port, with 600 metres of berth, is equipped with six high-tech cranes.
It will offer customers state-of-the-art IT and container handling equipment and a safe, secure and speedy handling of vessels and cargo, allowing importers and exporters efficient connection with global markets.
CMIT will offer shipping lines and their clients fast and direct access to and from the main shipping markets in Asia, Europe and the Americas.
CMIT general director Michael Them Rasmussen said CMIT would build on the site one of the largest and most modern container facilities in Southeast Asia.
"Investment in infrastructure, and particularly the timely development of modern and efficient facilities such as this, will be an important part of Vietnam's ongoing and remarkably rapid economic growth," said Rasmussen.
The groundbreaking ceremony followed the signing of the design-build construction contract with Korean joint-venture POSCO-ECSAMWHAN Corp last month.
At the end of the ceremony CMIT presented a VND100mil donation to the fight against blindness campaign organised by Ba Ria-Vung Tau People's Committee.
Cai Mep International Terminal Co Ltd. was established on January 26, 2007, as a joint venture "between the Vietnam-based Sai Gon Port, Viet Nam National Shipping Lines and the Hague-based APM Terminals.