March 21, 2025 | 16:30 GMT+7

New $93 mln port project approved for Ba Ria-Vung Tau

Thanh Thủy -

The project aims to establish a multipurpose port that will support economic activities, cater to industrial parks within the province and its surrounding areas.

Illustrative Photo
Illustrative Photo

Deputy Prime Minister Tran Hong Ha has signed Prime Ministerial Decision No 650/QD-TTg, dated March 19, 2025,  approving the investment policy for the Long Son My Xuan General Port Project, located in the southern province of Ba Ria - Vung Tau.

The project is backed by an investment capital estimated at nearly VND2.386 trillion (nearly $93.3 million), as registered by the investor - Long Son joint stock company, and spans an area of approximately 41.65 ha.

The Long Son My Xuan General Port Project is set to be developed in the Thi Vai port area, situated in My Xuan Ward, Phu My Town. Its objective is to complete the Thi Vai port area as outlined in the approved regional plan.

The project aims to establish a multipurpose port that will support economic activities, cater to industrial parks within the province and its surrounding areas, and address the growing demand for construction materials in the region.

Additionally, the project seeks to capitalize on the region's natural advantages, strategic geographical location, and existing infrastructure projects to accelerate the socio-economic growth of Ba Ria - Vung Tau and the Southern region at large.

The project involves the construction of one main 270-m wharfs, capable of accommodating general cargo vessels up to 30,000 DWT; and 4 barge wharfs with a total length of 530 m, designed for ships and barges with a capacity of up to 7,500 DWT.

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