Border province breaks ground on $99 mln port
Border province breaks ground on $99 mln port
Work began Sunday on Van Ninh Port in Mong Cai Town, Quang Ninh Province, with a total investment of VND2.25 trillion ($99 million).
The construction area of Van Ninh Port. Photo by VnExpress/Minh Cuong |
The port, covering a total area of 480 hectares, will be capable of welcoming river and inland waterways ferries and ships up to 20,000 tonnages.
It is expected to become a focal point for importing and exporting goods by the sea at the Mong Cai area, as well as a foundation for the formation of a logistics infrastructure network associated with the port’s service chain: transport - warehousing - seaport
The Van Ninh Port will also be a trans-shipment point for agricultural products from the southern to the north for export to China; and a trans-shipment point for goods from Northeast Asia to China, ASEAN and vice- versa.
In addition to cargo transportation, petroleum and general warehousing, the port will also serve domestic and international tourists.
The first phase of the project, invested in by Van Ninh International Joint Stock Company, is expected to be completed by 2024.
According to Quang Ninh officials, in order to improve "efficiency and synchronization" of the project, the province, which shares a border with China, has invested in building a 9.5 km road connecting the Van Don - Mong Cai expressway to Van Ninh Port at a total investment of VND521 billion ($22.9 million).
