Cai Lan port gets 120 million USD for wharves

The Cai Lan International Container Port Company plans to invest 120 million USD to build three wharfs in Cai Lan port in north-east Quang Ninh province.

The three-phase project is expected to be put into operation in 2014.

In the first phase to run until 2011, the project will build 303m of the three wharves and services facilities. The following three-year phase will see construction of an additional 261m of the wharves.

The final phase is expected to the see the wharves become operational by 2014.

The Cai Lan International Container Port Company was set up by two investors, the Cai Lan Port Joint Stock Company and SSA Holdings International - Vietnam, Inc from the US.

VNA

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