Vietnam has started building a major 3.6-billion-dollar international container port in central Khanh Hoa province to boost regional economic development.
Once completed in 2020, the Van Phong port will have 42 wharves and be capable of handling up to 200 million tonnes of cargo a year, said an online report on the government’s website.
As a coastal province featuring several natural deep water bays, Khanh Hoa has what is needed to develop its deep-water seaports. Nha Trang Port (a tourist and cargo port) and Doc Let Port (a shipbuilding and logistics port) are now in use. A megaproject intended to be developed in Van Phong Bay by a consortium of Japanese corporations (with Sumitomo as the leading investor) with an estimated investment of US$15 billion (15*10^9) is in progress. On completion, this deep sea port will be capable of handling ships up to 100,000 tonnes and of 100 million tonnes of loaded/unloaded cargo per annum.
The government have quoted figures of a cargo throughput of 200 million tonnes per annum by the time it is operational in 2020. This seems more realistic than the 600 million tonnes quoted by government sources previously but giant strides to improve both road and rail transport links through to neighbouring Cambodia and on to South East Thailand would seem to be essential to its prosperity as a major container port. We have already reported on the Ho Chi Minh port complex in a previous story.
The new Saigon Premier Container Terminal (SPCT) handled its first vessel in October 2009. The development, an 80:20 joint venture between Dubai-based marine terminal operator DP World and the Vietnamese state-owned Tan Thuan Industrial Promotion Company, is a state of the art facility that is located on the Soai Rap River, approximately 15 kilometres from Ho Chi Minh City. It has been built to meet the needs of Ho Chi Minh City’s growing trade which is beginning to tax the older port infrastructure currently used. The new facility will be officially opened next year and is expected to rapidly meet its capacity of 1.5 million TEU per annum.
Once completed in 2020, the Van Phong port will have 42 wharves and be capable of handling up to 200 million tonnes of cargo a year, said an online report on the government’s website.
As a coastal province featuring several natural deep water bays, Khanh Hoa has what is needed to develop its deep-water seaports. Nha Trang Port (a tourist and cargo port) and Doc Let Port (a shipbuilding and logistics port) are now in use. A megaproject intended to be developed in Van Phong Bay by a consortium of Japanese corporations (with Sumitomo as the leading investor) with an estimated investment of US$15 billion (15*10^9) is in progress. On completion, this deep sea port will be capable of handling ships up to 100,000 tonnes and of 100 million tonnes of loaded/unloaded cargo per annum.
The government have quoted figures of a cargo throughput of 200 million tonnes per annum by the time it is operational in 2020. This seems more realistic than the 600 million tonnes quoted by government sources previously but giant strides to improve both road and rail transport links through to neighbouring Cambodia and on to South East Thailand would seem to be essential to its prosperity as a major container port. We have already reported on the Ho Chi Minh port complex in a previous story.
The new Saigon Premier Container Terminal (SPCT) handled its first vessel in October 2009. The development, an 80:20 joint venture between Dubai-based marine terminal operator DP World and the Vietnamese state-owned Tan Thuan Industrial Promotion Company, is a state of the art facility that is located on the Soai Rap River, approximately 15 kilometres from Ho Chi Minh City. It has been built to meet the needs of Ho Chi Minh City’s growing trade which is beginning to tax the older port infrastructure currently used. The new facility will be officially opened next year and is expected to rapidly meet its capacity of 1.5 million TEU per annum.