|
Port to boost business in south
Two Japanese joint-ventures signed contracts yesterday to build the two main cargo and container terminals of the planned Cai Mep-Thi Vai International Port in southern Ba Ria-Vung Tau Province.
Signatories included representatives of the Ministry of Transport and the two Japanese contractors - Toa and Toyo joint venture and Penta and Rinkai joint venture.
The port will be built on the Thi Vai River in Tan Thanh District at a cost of nearly VND11.5 trillion (US$718 million). More than $328.5 million of that amount will come from Japanese official development assistance through the Japanese Bank for International Co-operation, while the remainder will come from the Vietnamese Government.
Construction work is scheduled to begin this October and is expected to be completed by 2012.
The contract that was signed yesterday in Hanoi covers the project's two main works - the Cai Mep container terminal and the Thi Vai general cargo terminal.
The 48ha Cai Mep terminal will have an overall berth length of 600m. The terminal is designed to receive container vessels of up to 80,000 DWT and a total annual capacity of 600,000-700,000 TEU.
Though it was hard to state exactly when the work would be completed, Toa and Toyo would do its utmost to ensure the project's quality and safety, said Osamu Nakagome from Toa corporation.
The 27ha Thi Vai general cargo terminal, which is being built by Penta and Rinkai joint venture, will have an overall berth length of 600m and will be able to receive cargo vessels of up to 75,000DWT. It is designed to have a handling capacity of 1.6 million to 2 million tonnes of cargo per year.
The project would play a key role in the development of the southern area of Vietnam, said Yasuzi Kakimoto from Penta-Rinkai, adding that the joint venture would do its utmost complete the work on time.
"Once fully operational, the two terminals will markedly improve cargo volume transported through this region and at the same time create favourable conditions for domestic and overseas trade - imports and exports - which should contribute to speeding up the development of key economic zones in the southern region as well as the whole country," said Deputy Minister of Transport Ngo Trinh Duc.
VNN
|
