Haiphong International Port construction starts soon

Lach Huyen International Port Project is completing final procedures for starting construction this April.

Lach Huyen Project is divided into 2 components, in which Component A, including entrance passages, breakwaters and internal roads, is funded by Japan’s ODA and Vietnam’s reciprocal capital in form of PPP (public-private partnership) with total investment capital of roughly 900 million USD.

According to Vietnam Maritime Administration’s forecast, the amount of seaborne cargo in the North can be up to 60 million tonnes in 2015 and reach approximately 100 million tonnes in 2020. Thus, the shipping demand undoubtedly exceeds the capacity of the available ports. Lach Huyen Port’s construction will consequently fill up the deficiency of seaborne transportation capacity between the Northern Vietnam and the neighboring countries and the world.

According to the plan, the first 2 container berths will be completed in 2016 and can serve 6 million tonnes cargo per year. By 2020, Lach Huyen Port will be totally completed to become an international trading port with 8 container berths and meet the shipping demand of 30 million tonnes a year.