Binh Thuan puts VND2.3 trillion international port into operation

Saturday, 2019-04-20 17:45:15
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Delegates press the button to inaugurate the Vinh Tan International Port in Vinh Tan commune, Tuy Phong district, Binh Thuan province. (Photo: baodautu.vn)
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NDO – The VND2.3 trillion (US$98.9 million) Vinh Tan International Port was officially put into operation in the central province of Binh Thuan on April 20.

The port, invested in by Vinh Tan International Port JSC, a member of Pacific Corporation, covers more than 140 hectares in Vinh Tan commune, Tuy Phong district, featuring one 3,000 DWT terminal, two 50,000 DWT terminals, and one 70,000 DWT terminal (to be constructed in the future).

The inauguration of Vinh Tan port contributes to attracting investment, meeting the goods import-export demand of units and businesses in Binh Thuan and neighbouring provinces, increasing budget revenues for the locality and generating more jobs for local labourers.

According to Nguyen Ngoc Hai, chairman of the Binh Thuan People’s Committee, the investment in the Vinh Tan International Port is in line with the seaport system development strategy and plan approved by the Prime Minister and the Ministry of Transport. The port becoming operational will help to facilitate the connection between industrial zones in Binh Thuan, Ninh Thuan and the Central Highlands region, reduce costs and provide a strong boost to the development of the marine economy.

Bui Thien Thu, deputy head of the Vietnam Maritime Administration, emphasised that the Pacific Corporation investing in the construction of the Vinh Tan International Port is in accordance with the Party and State’s policy on encouraging economic components, particularly the private sector, to be engaged in developing the economic infrastructure.