Saigon Newport Corporation  will build a container port in Thot Not Industrial Zone in the southern Can Tho Province in September and operate in 2015. — Photo baoxahoi.vn

HA NOI (Biz Hub) — The Saigon Newport Corporation (SNP) will spend VND142 billion (US$6.76 million) on the construction of a container port in Thot Not Industrial Zone in the southern province of Can Tho.

According to baodautu.vn, the managing board of Can Tho Processing and Industrial Zones has granted an investment licence to SNP for the construction of the port, which could handle 15,000 tonnes of goods per year by 2015 and 25,000 tonnes per year by 2025. Under the licence, SNP would operate the port for 41 years.

The port is spread over an area of 23,000 square metres and includes a 2,000 DWT wharf that is 75 metres long, a 1,000-tonne barge, cargo space of 12,648 square metres, offices and other facilities.

The port will receive goods from Can Tho City and the neighbouring provinces of An Giang, Kien Giang and Dong Thap, and provide logistics services for the waterway system linking the Mekong Delta, HCM City and Cai Mep port in Ba Ria-Vung Tau province. The service will help businesses save time and transportation costs as well.

The construction is scheduled to start in September. The first phase is expected to become operational in Q1 of 2015 and the second phase in late 2015.

According to the website of Can Tho Province cantho.gov.vn, local ports including Cai Cui and Hoang Dieu are the key ports of the Mekong Delta region in Viet Nam.

SNP is the biggest port operator in Viet Nam, running terminals at Tan Cang-Cat Lai, Tan Cang-Central Region, Tan Cang-189 Hai Phong, Tan Cang-Sa Dec, Tan Cang–Cao Lanh and Tan Cang-Cai Mep. — VNS