The People's Committee of Ha Tinh province in central Vietnam has approved the investment policy for the Son Duong International Port project, with Vinhomes Ha Tinh Industrial Park Investment JSC selected as its investor.
With a total investment estimated at over VND8.8 trillion ($333.6 million), the project will be developed in Vung Ang Ward, covering a land area of about 123.5 ha.
According to the approved decision, the project will involve the construction of three wharves with a total length of 1,050 meters, capable of accommodating general cargo and container ships with a capacity of up to 100,000 tons.
Upon completion, the project will provide services for loading, transporting, and storing general cargo and containers to meet the needs of Ha Tinh Province and neighboring areas. The project is set to operate for 70 years from the date of land allocation, according to regulations.
With its favorable location and robustly invested transportation infrastructure, the project is expected to create new growth momentum, contributing to the socio-economic development of Ha Tinh and the central region.
The investor plans to complete all construction items and put the port into operation by the second quarter of 2028. To ensure the progress and quality of implementation, the People's Committee of Ha Tinh Province has tasked the provincial Department of Finance with guiding the investor in completing the necessary documentation, as well as monitoring, inspecting, and promptly resolving any issues that arise during the implementation process.
The investor is responsible for the legal validity and honesty of all submitted documents for appraisal, and will implement the project according to the committed objectives, content, and schedule.
Compliance with regulations on land, environment, construction, planning, labor, investment registration, and related legal provisions is required to be strictly adhered to.
The investor must also closely coordinate with functional agencies throughout the implementation process to ensure the project operates in the right direction and effectively.
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