Can Tho: Thoresen plans investment in logistics, ports

Tuesday, May 09, 2017 16:54

Tan Cang - Thot Not port in Can Tho City. Thoresen Thai Agencies Public Limited is planning to invest in logistics services and ports in this city. — VNA/VNS Photo Duy Khuong

Thoresen Thai Agencies Public Limited is planning to invest in logistics services and ports in Can Tho City, according to the People’s Committee of the city.

On May 8, vice chairman of the People’s Committee of Can Tho City Truong Quang Hoai Nam met Sigmund Stromme, executive vice president for shipping and logistics at Thoresen Thai Agencies Public Limited from Thailand. The Thailand-based company is looking for business opportunities in the local seaport and logistics industry.

Speaking at the meeting, Nam said Hoang Dieu Port in Binh Thuy District and Cai Cui Port in Cai Rang District are both located in Can Tho. "Logistics is a key industry of the city," he said, adding that the Government had approved Can Tho City’s proposal to build a logistics hub for the Mekong Delta, which would cover 242ha in Cai Cui Port, Cai Rang District.

The city has proposed to the Government the merger of three ports -- Tan Cang Cai Cui, Vinaline Cai Cui and Cai Cui – to make it the largest port in the region with wharf length of some 1,200m. Site clearance for the logistics hub is underway and firms have visited the site to learn about investment opportunities.

The city has also suggested merging ports and supporting expansion of business for companies providing logistics services at ports.

Nam said Thoresen could buy stake in Viet Nam National Shipping Lines (Vinalines) to join the port-merging project, build a new port at another site along the Hau River or invest in the existing warehouse and transport system at Cai Cui Port.

For his part, the executive vice president of Thoresen gave Nam an overview of the Thai company, saying the company had been operating in fertiliser production and shipping and logistics in southern Ba Ria-Vung Tau Province.

Stromme expressed hope the company could partner with Can Tho City to improve port management and expand local shipping and logistics services with emphasis on container transit service to Phnom Penh (Cambodia) and Singapore. Its investment in logistics services in this city is expected to promote cooperation in logistics activities with southern Ba Ria-Vung Tau Province and support the transport of cargo in the Mekong Delta region.

Can Tho has a large potential to develop logistics because of its favourable location in terms of water and land transport, besides having many ports and warehouses, he said. After the meeting concluded, the two sides took a field trip to Cai Cui Port. — VNS

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