A joint venture between Vietnam National Shipping Lines (Vinalines) and Japan’s Molnykit has received a licence to build two wharves and a container warehouse at Lach Huyen port in the northern regionCargonews Asia reports. Costs for construction of the two wharfs with a total length of 750m and a depth of 14m and a 22-ha container warehouse is estimated at US$321 million, the Thoi bao Kinh te newspaper reported.
Lach Huyen seaport is among Vietnam’s key infrastructure projects, which will get Japanese official development assistance (ODA), besides Noi Bai International Airport and Noi Bai-Nhat Tan Highway.
Once completed, the $1.7 billion international port will be able to handle six million tonnes of goods a year. The figure is expected to rise to 35 million-50 million tonnes in 2020.
Lach Huyen seaport is among Vietnam’s key infrastructure projects, which will get Japanese official development assistance (ODA), besides Noi Bai International Airport and Noi Bai-Nhat Tan Highway.
Once completed, the $1.7 billion international port will be able to handle six million tonnes of goods a year. The figure is expected to rise to 35 million-50 million tonnes in 2020.