COVID-19 delayed logistics project to restart

Wednesday, Mar 16, 2022 08:22

A forklift truck unloads from a container at a logistics centre in Da Nang. The central city has been supporting businesses restarting a series of logistics and investment projects after a two-year delay by the COVID-19. — VNS Photo Cong Thanh

The ITL Logistics Da Nang company will resume construction of its logistics centre on March 23 at the city’s Hoa Khanh Expanded Industrial Zone after a one-year delay due to the COVID-19.

The project, which started construction in early 2020, will be built over 31,000sq.m with a total investment of VND200 billion (US$8.7 million) to be officially operational in the fourth quarter of 2022.

It’s the first logistics project in the Industrial Zone (IZ) restarting its schedule after a lengthy suspension due to the pandemic.

The ITL Logistics Da Nang was designed with a storage capacity of 300,000 tonnes of cargo per year, sharing infrastructure, warehouses and transport services.

Head of the Da Nang Hi-tech Park and Industrial Zones Authority (Da Nang HPIZA), Pham Truong Son, said the HPIZA has been supporting a series of already registered investment projects for recommencing COVID-19 impacted projects in IZs and the Hi-tech Park soon.

Earlier this year, the first international standard cold/chilled storage system in Da Nang was put into operation after difficulties due to COVID-19.

Son said that more logistics centres would be built to serve local and FDI investors boosting exports and imports in the COVID-19 economic recovery period in 2022.

Da Nang plans to develop a series of logistics centres roads in connection with the newly designed Lien Chieu deep-sea port and the East-West Economic Corridor links in Thailand, Myanmar, Laos, and Viet Nam.

The HPIZA reported that Da Nang hi-tech park and six industrial zones of Da Nang drew 503 projects, including 130 FDI worth $1.8 billion and VND27.56 trillion ($1.2 billion), respectively from domestic investors. — VNS

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