PM Nguyen Tan Dzung attended the construction starting up ceremony of Van Phong International Transshipment Port, the first regional-grade one in Vietnam.
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PM Nguyen Tan Dzung orders the start of the construction of Van Phong Transshipment Port in the southern central province of Khanh Hoa, October 31, 2009
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At the groundbreaking ceremony, PM Nguyen Tan Dzung recited the sea strategy of Vietnam under which some international and regional trade ports will be built, and by 2020, maritime will become a key economic industry which can significantly contribute to the country’s industrialization and modernization as well socio-economic development.
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PM Nguyen Tan Dzung (center) presses the button to kick-start the construction of Van Phong Transshipment Port in the southern central province of Khanh Hoa, October 31, 2009
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Stressing the importance of the project, PM Dzung asked the local authorities to guarantee the site clearance schedule and outline necessary projects which will be conducted in the Van Phong Economic Zone.
He also assigned the Ministry of Transport to promptly draft the regulation on operations of the port, laying the legal foundation for luring shipping companies, transporters and investors.
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The construction of Van Phong Transshipment Port is started in the southern central province of Khanh Hoa, October 31, 2009
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Van Phong Bay is located in Van Ninh, a northern district of Khanh Hoa Province. It is the easternmost point of the Indochina Peninsula, not far from international sea routes from Europe to North-east Asia, from Asia to Latin America, from North Asia to South Asia and Australia and vice verse.
Van Phong Bay is protected from big waves and strong winds by the Hon Gom Peninsula in the east and north. It boasts for its depth, around 15-22m.
These are natural advantages for Van Phong to be an ideal site for an international deep-water transshipment port.
Van Phong was also selected as the site for an open economic zone through which domestic enterprises can easily access to the world market.
According to Mr. Duong Chi Dung, CEO of the VietnamNational Shipping Lines, the Van Phong Port not only meets the increasing demand of container loading/unloading but also facilitates the transportation and transshipment of Vietnamese exports and imports.
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The Van Phong International Transshipment Port Project was approved by the PM in 2005.
The construction of this port, 12,500 m in length, requires the total investment capital of over US $3.6 billion to build 42 piers for receiving 17,000 TEU ships and 200 million tons of cargos per year.
The project is carried out in four phases. In the initial phase, two piers, 690 m long, passages, the turning bay, and an outside road network will be built to receive 9,000 TEU container carriers. The fund for this phase is nearly VND 6,000 billion.
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