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Contracts worth $286.3 million inked at Việt Nam Int’l Defence Expo 2024
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| A new international container terminal was officially opened yesterday in HCM City, promising to boost trade activities of the southern city whose biggest port is severely overloaded. — Photo vov.vn |
HCM CITY – A new international container terminal was officially opened yesterday in HCM City, promising to boost trade activities of the southern city whose biggest port is severely overloaded.
A total investment of more than US$200 million went into the SP-ITC international container terminal, stretching over 48ha in District 9.
Facing Đồng Nai and Ông Nhiêu Rivers, the newly-opened terminal is also connected with the Long Thành–Dầu Giây Expressway and the Cái Mép international terminal in the neighbouring Bà Rịa-Vũng Tàu Province. SP-ITC’s favourable location is expected to promote trade across the Cửu Long (Mekong) Delta region, particularly in Bình Dương, Đồng Nai and Bà Rịa-Vũng Tàu provinces.
Deputy Prime Minister Trương Hòa Bình said that the SP-ITC terminal, which was just a muddy area five years ago, would become an important trading gate not only for HCM City but for the key economic region in the southern part of the country.
“The new port will share the burden with the Cát Lái port, which is already overloaded with export and import activities,” he said at the opening ceremony.
The SP-ITC terminal is able to receive container ships 230 metres long with up to 35,000 deadweight tonnage.
All the equipment and machines at the terminal run on electriicity, not diesel fuel, saving energy consumption by more than 30 per cent. – VNS
