Investment News


Quang Ninh proposes 2,200 billion VND general port in Q4 2021

08/09/2021

The northern coastal province of Quang Ninh has proposed a project on building the Van Ninh general port at total investment of 2,248.5 billion VND (99 million USD), which, if approved, is expected to start construction in the fourth quarter of 2021, according to the Vietnam Maritime Administration.

Quang Ninh province has proposed a project on building the Van Ninh general port at total investment of 2,248.5 billion VND.

The administration said in a document submitted recently to the Transport Ministry that at the request of the provincial People's Committee, the project has been added to the development planning for seaports capable of accommodating 10,000 DWT vessels. 
Currently, under the research for a sea port development master for 2021-2030 with a vision to 2050 submitted to the Prime Minister last July, Van Ninh along with Van Gia port, is designated as a general port, handling liquid and gas products as well as passengers, serving domestic waterway transport and capable of accommodating ships of up to 20,000 DWT and larger when meeting conditions.

Assessing Van Ninh and Van Gia port areas in Quang Ninh seaport as a national general port, a regional hub (class 1), the Maritime Administration requested local authorities to carefully review the scale, total investment capital and contents related to investment projects, ensuring compliance with regulations on authority to decide on investment policies and organizing investor selection in accordance with current legal regulations, ensuring the selection of capable investors, bringing high efficiency in investment, development and exploitation of seaports in the region
Therefore, the proposal of Quang Ninh is in line with the research.
Previously, at the end of August 2020, the People's Committee of Quang Ninh province sent a document to the Ministry of Transport on the investment plan for phase 1 of Van Ninh general port.
Accordingly, the overall target was to build a general cargo and container port capable of receiving ships of up to 20,000 DWT, with a throughput capacity of 1.68 million tonnes per year by 2024 and 2.8 million tonnes per year by 2028.
The province hoped to start construction of the port in the fourth quarter of 2021; and put it into operation in the fourth quarter of 2023./.

VNA