Wednesday, August 23 2017

VietNamNews

Deep sea ports to be developed

Update: December, 18/2013 - 08:37

Goods being unloaded at the Baria Serece deep sea port in the southern province of Ba Ria-Vung Tau. — VNA/VNS Photo Ha Thai

HA NOI (VNS) — The Viet Nam Maritime Administration has proposed that the Government build and develop deep sea ports to international standards for large-tonnage ships from now until 2020.

Following the proposal, development will be concentrated on the country's international gateway ports in the northern province of Hai Phong and the southern province of Ba Ria – Vung Tau.

The Van Phong Port in the central region, which officials anticipate will be an entry port, will also become a national general port.

"Such deep sea ports have been established throughout the country, such as SP-PSA, CMIT, SP-SSA in Ba Ria – Vung Tau province, which allow access to 100,000 dead weight tonnage (DWT) ships," Chief of the Viet Nam Maritime Administration, Nguyen Nhat, told Giao Thong (Transport) newspaper.

"Many large shipping companies throughout the world, including Denmark's Maersk A/S, Hong Kong's Hutchison Whampoa Limited, and UAE's DP World, have taken an interest in Viet Nam's seaports. We have established many direct routes for maritime transport to Europe and America, which help reduce the cost of goods and increase their intensity of competition in global markets," Nhat said.

He added that the country's seaport system still had many shortcomings, such as a lack of comprehensive development and management of infrastructure of seaports, ineffective development and exploitation of the potential of seaports.

To tackle the shortcomings, the Ministry of Transport has reviewed the plan to develop the country's seaport system by 2020, with orientation toward 2030 to submit for the Prime Minister's approval.

According to the Portcoast Consultant Corporation under the Ministry of Transport, which is in charge of the review, total fund for investment in the development of Viet Nam's seaport system by 2020 is estimated to reach VND200 trillion to 280 trillion (US$9.5 billion - 13 billion).

The amount of capital needed for investment in public infrastructure of seaports will account for 45 per cent of the total, worth about VND 90 – 120 trillion ($4.2 billion – 5.7 billion). The remaining money will be spent on the development of wharf infrastructure facilities.

"The Government should lay emphasis on applying public-private partnership (PPP) to developing large-scale ports and wharf areas. Organisations and enterprises from all economic sectors should create favourable conditions for investment in the country's seaport system," a representative of the corporation told Giao Thong (Transport) newspaper.

It is estimated that cargo transported through the country's seaport systems will reach 400 – 410 million tonnes in 2015, and increase to 640-680 million tonnes by 2020, according to the corporation. — VNS

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