Vietnam Plans Da Nang Mega-Port

First phase of the $1.4 billion development at Lien Chieu port in Da Nang is expected to be completed by 2020; the second and third phases by 2030 and 2050 respectively. Initial construction work will include a breakwater, fairways and technical infrastructures, and will be followed by harbors, traffic infrastructure and warehouses. According to contractor Tediport, the Da Nang port development should see it become an international gateway for passengers, containers and liquid and dry bulk cargo and liquid.

Existing Tien Sa Port is operating at its maximum capacity of 10.4 million tons per year. The city plans to increase its annual capacity to 12 million tons of cargo.

In July, Vietnam's government announced plans for a port development in the country’s southern-most province Ca Mau in the Mekong Delta. The port is costing some $2.5 billion according to media reports and would be able to host some of the world's biggest ships.

(MarEx)