Nearly VNĐ7 trillion (US$300.8 million) will be invested on building two international container terminals in the northern city of Hải Phòng’s Lạch Huyện Port next year.
The Ministry of Planning and Investment has proposed the Prime Minister to approve Hai Phong Port JSC’s investment in construction of two container terminals 3 and 4 in Lach Huyen Port.
The Ministry of Transport will further encourage investment from the
private sector for infrastructure projects in the maritime industry as
the State will fund only national defence and security projects.
Work on Viet Nam''s longest sea bridge, the Tan Vu–Lach Huyen Sea Bridge
in Hai Phong, was at danger of being delayed due to slow land clearance,
according to the project''s investors.
Japan''s ITOCHU Corporation has proposed to construct a wharf to
transport cereals at Lach Huyen port in northern Hai Phong City on a
public private partnership (PPP) model.