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  • News
  • 28 July 2021

Nearly 9,000 billion investments in Long Son international general port in Binh Dinh

Binh Dinh Provincial People’s Committee proposed to add Long Son international general port to the detailed plan of the South seaport group, vision to 2050. Binh Dinh province proposes to invest in Long Son International General Port with 343 hectares and total investment capital of about VND 8,890 billion. Annually, the Port meets the needs of 29.5 million tons of general cargo.

According to the People’s Committee of Binh Dinh province, to meet the requirements of socio-economic development of the locality, the People’s Committee of Binh Dinh province has agreed on the policy for Long Son Co., Ltd. to survey, research, and set up an investment project “Long Son international general port” in My An commune, Phu My district.

“To ensure the development of the seaport system in compliance with current regulations, the Provincial People’s Committee proposed the Ministry of Transport and the Vietnam Maritime Administration to consider adding to the detailed plan of the South Central Seaport group (group 4) for Long Son international general port. At the same time, adding to the master plan on development of Vietnam’s seaport system for the period of 2021-2030, with a vision to 2050″, Binh Dinh Provincial People’s Committee proposed.

Regarding the development of seaport projects, at the beginning of July 2021, the Provincial People’s Committee also approved the Quy Nhon Port Joint Stock Company’s investment policy to upgrade the wharf.

Quy Nhon Port is known as a general national port, the focal point of the group of South Central Seaports, with an increasing volume of goods cleared, with an output of more than 10 million tons per year. Most of the import and export goods are connected from the Central Highlands and the triangle region of Vietnam – Laos – Cambodia. With a series of solutions to promote the market in the past, Quy Nhon Port has set a new record with 11 million tons by the end of 2020.

(Source: vneconomy)