VN needs $13.3 billion to develop seaports

March 30, 2023 - 08:42
Việt Nam would need VNĐ312.6 trillion (US$13.3 billion) to develop the seaports system by 2030, according to the Ministry of Transport.
Lạch Huyện Port, Hải Phòng City. — VNA/VNS Photo

HÀ NỘI — Việt Nam would need VNĐ312.6 trillion (US$13.3 billion) to develop the seaports system by 2030, according to the Ministry of Transport.

Specifically, 78 per cent of the capital would be reserved for developing ports and the rest for public maritime infrastructure.

By 2024, the focus would be placed on upgrading Cái Mép – Thị Vải navigational channel to enable it to serve ships of up to 18,000 TEU, navigational channels for large ships to enter Hậu, Văn Úc and Chanh rivers.

In addition, investment would be poured into developing sea lights in islands and archipelagos under Việt Nam’s sovereignty and infrastructure for marine safety, building coastal information stations, search and rescue centres and a representative office of Nha Trang Maritime Administration in Trường Sa.

By 2030, the investment would focus on the construction of breakwaters at Vũng Áng Port (Hà Tĩnh Province), sand barrier system at Cửa Việt and Cửa Gianh as well as upgrading Cẩm Phả, Ba Ngòi, Hòn La, Trần Đề, Diêm Điền, Văn Úc channels.

The vessel traffic services (VTS) would be installed for Hòn Gai – Cái Lân channel and the channel into Hậu River.

The Ministry of Transport said that it would call for investment into potential ports such as Vân Phong and Trần Đề. By 2030, construction would be started for a port in Nam Đồ Sơn (Hải Phòng) and ports in Cái Mép and Trần Đề.

As of October 2022, there were 296 ports with a total length of 107km (five times the figure of 2000). Việt Nam also established international gateway ports in the northern and southern regions with 34 shipping routes including 11 routes in Asia, three to Europe and 20 to America, only after Malaysia and Singapore. — VNS

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