|The FICO Cement Factory in Hiep Phuoc Industrial Zone in HCM City. The city authority is planning to develop the industrial park into a port-based special economic zone to take advantage of the Soai Rap River. — VNA/VNS Photo
HCM CITY (VNS) — HCM City will take measures to turn the Hiep Phuoc Industrial Park in Nha Be District into a port-based special economic zone, city authorities have said.
On Saturday, the chairman of HCM City People's Committee, Le Hoang Quan, said he had asked the IP's management board and responsible agencies to not allocate land plots but instead to locate projects along the Soai Rap River to turn Hiep Phuoc IP into a port-based special economic zone.
In the near future, the city will focus on building transport facilities, such as metro lines, ring roads and expressways to meet demand for cargo transport to and from Hiep Phuoc Port. The target is 200 to 250 million tonnes of cargo to be handled at the port by 2020.
According to the HCM City Department of Transport, the Soai Rap River dredging project is nearly complete, and the Soai Rap waterway is expected to open to traffic by the end of June.
The river has been dredged to the depth of 11.5 metres, permitting 50,000-tonne vessels to reach the Hiep Phuoc Port Complex.
The Soai Rap River dredging project will help reduce the distance from the East Sea to HCM City by about 30 kilometres. —VNS