The People's Council of central Da Nang city has approved an investment policy for completing the shared infrastructure of the Lien Chieu Port project, with a total estimated investment of more than VND6.209 trillion (approximately $240 million).
The project is expected to provide a foundation for completing one of Vietnam's key strategic seaports while supporting the development of a major logistics hub in central Vietnam. Funding will be sourced from both the central government budget and the local budget, with implementation scheduled for the 2026–2030 period.
The primary objective is to complete the remaining public infrastructure within the Lien Chieu Port complex, ensuring seamless connectivity and creating favorable conditions for strategic investors to develop individual port terminals.
The project also aims to address the urgent need to relocate existing petroleum and liquid cargo terminals currently operating in Da Nang Bay. The relocation is expected to enhance navigational safety, improve port operations, and free up valuable waterfront areas for future urban and economic development.
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