Friday, January 18, 2008

New marine port in Vietnam's Ba Ria – Vung Tau

The signing ceremony between Hoa Sen Group and Gemadept in HCM City

The signing ceremony between Hoa Sen Group and Gemadept in HCM City

VietNamNet Bridge – A 55ha international port will be set up in 2008 within Cai Mep – Thi Vai port of Ba Ria – Vung Tau province, a senior executive of Hoa Sen Group said.

The Hoa Sen – Gemadept international port which is a joint project between Hoa Sen Group and Gemadept company is one of the province’s critical infrastructure projects in the number 5 complex that have been approved by the Prime Minister in 2005 including port systems such as HCMC, Dong Nai and Ba Ria – Vung Tau ports.

The port will be a modern marine port located on the area of 55 hectares, including 7 hectares of port area with a 300 meter long wharf. The port logistics area is about 48 hectares located in front of the road 965 which connects Cai Mep – Thi Vai port to the highway 51 moving to Bien Hoa and Vung Tau city. The logistics area will include an international container depot (ICD), warehouse system, container entry ports, container freight station (CFS) and goods express entry port service.

A report made by Vietnam’s Marine Administration foresaw to the year 2010, there will have about 200 million tones of goods moved through Vietnamese marine ports. This number will be 340 megatons in the coming years.

By these developments to the year 2010, Vietnam has to double the marine system capacity it has at present, said the report.

Hoa Sen Group is operating in coated steel and plastic pipes and it is the only enterprise in Vietnam to have a closed distribution system with 80 direct distribution networks spread nationwide.

The co-operation to set up Hoa Sen – Gemadept logistics and international port Corporation is the new development step of Hoa Sen and Gemadept.