Transport ministry finalises seaport development plan until 2010

11-May-2005 Intellasia | 10/May/2005 Saigon Times Daily page 1 | 1:40 PM Print This Post

The Ministry of Transport and Communications has finalised a detailed scheme for developing Vietnam’s seaports in the remainder of this decade. The 60 trillion dong (US$3.8 billion) scheme will be made public soon, a source in the ministry told the Daily. Basically, three groups of seaports will be upgraded and expanded: Vung Tau-Thi Vai HCM City in the south, Da Nang Lien Chieu-Dung Quat on the central coast, and Hai Phong Cai Lan-Nghi Son-Vung Ang in the north.
In addition, three deep-water ports will be built, one in each region, as well as an international transhipment port in Van Phong Bay in Khanh Hoa Province on the south-central coast.
The ministry has asked the maritime department to draw up a plan for attracting private investment from Vietnam and abroad along with official development assistance loans.
At this stage the ministry has only found 8% of the 60 trillion dong cost estimate.
An overall plan for developing Vietnam’s seaports was approved by the prime minister in 1999, but not the details.
By the end of this year, the ministry will finalise its plans for upgrading 10 seaports from north to south.

 


Category: Business

Print This Post

Comments are closed.