Seaport development on the horizon

Jul 14th at 09:19
14-07-2021 09:19:27+07:00

Seaport development on the horizon

The development of seaports is to be prioritised over the next three decades to meet increasing demand in shipping services, according to Nguyen Xuan Sang, director of Vietnam Maritime Administration under the Ministry of Transport.

 

Infrastructure feeding into the seaport was also being planned, including inland waterways and road and railway systems, which would also play a role in collecting and delivering goods into the seaport system, according to Sang.

Plans were compiled to provide a comprehensive picture of the transportation industry in the next 10 years.

Sang said that this would help ensure the connectivity of different modes of transport while fully utilising the advantages afforded to each region.

The plan will be the first time that inland container depots and ports serving inland waterway vehicles would be included in the planning.

Temporary ports will also be considered in areas with favourable natural conditions such as Quang Ninh, the Southeast region, and the Mekong River Delta.

The seaport planning would also incorporate industry 4.0 technology in the seaport construction and management and be applied to develop green seaports and promote energy savings and the efficient use of coastal resources.

During the past 10 years, the volume of cargo transported through seaports in Viet Nam grew more than 11 per cent per year.

Viet Nam is targeting economic growth of seven per cent per year in the 2021-30 period.

It has been forecast that the volume of cargo transported through the seaport system would increase by 1.6-2.1 times by 2030 and 4.1-4.8 times by 2050.

It was estimated that Viet Nam would need around VND300-320 trillion to develop the seaport system by 2030, he said, adding that developing the seaport system would help Viet Nam become an important link in the global value chain.

Sang also said that the investment from the State budget would focus on developing major seaport infrastructure but policies to attract private investment would also be on the agenda.

In the 2011-20 period, about VND202 trillion was invested in seaports, accounting for 20.6 per cent of the total investment in transportation infrastructure. Private investment accounted for 86 per cent of that total.

Viet Nam’s seaport system has seen significant development in the past decade. Wharf length has increased from 20 km in 2020 to 96 km currently and the handling capacity from 82.4 million tonnes to 665 million tonnes.

In the first five months of this year, the seaport system handled more than 209 million tonnes of cargo, representing a rise of nine per cent compared to the same period last year.

bizhub



NEWS SAME CATEGORY

HCM City strives to increase vegetable, fruit supply

Businesses and authorities in HCM City are working to ensure supply and prices of vegetables and fruits remain steady despite a panicked populace buying them in...

Thai energy firm BCPG signs Laos wind power sale with Vietnam

Thai renewable energy firm BCPG Pcl on Tuesday said that its consortium had signed a 25-year agreement to deliver wind energy from a 600-megawatt project in Laos to...

Hung Yen Province seeks investors for support industries

The northern province of Hung Yen is seeking investors and stepping up construction of industrial parks and industrial clusters to improve the added value and...

Mekong Delta: attractive destination for renewable energy development

Taking advantage of its natural conditions and investment attraction policies, the Cuu Long (Mekong) Delta has become a destination for investors in renewable...

Hanoi buffet restaurants sell seafood online before closing down

Buffet restaurants in Hanoi went livestream Monday afternoon on social networks to sell fresh seafood before they close Tuesday as a Covid-19 safety measure.

Hanoi cooperates with localities to boost sales of OCOP products

The city has been implementing many solutions to boost the consumption of the labeled products.

Exporters face slew of difficulties due to COVID

Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the...

Manufacturing firms see improvements ahead

More than a third of manufacturing and processing enterprises believe business will pick up in the third quarter of this year.

Vietnam aviation industry to get bustling in H2

Vietnam Airlines will resume direct flights between Vietnam and Asia, Europe, and Oceania from July to October 2021.

Covid scare: HCMC residents empty supermarket shelves

More cases and lockdowns had anxious HCMC residents rush to buy and stock groceries Monday morning, emptying supermarket shelves despite supplies increasing 7-10...


MOST READ


Back To Top