Major Port Construction Projects In Vietnam - A series of updates on Vietnam's seaport development for archival purpose - Part 3
10/08/2024
1. PHU QUOC INTERNATIONAL PASSENGER PORT CONSTRUCTION PROJECT
a. Relocation of Fish Farming and Boats
Phu Quoc Island, a popular tourist destination off the coast of Kien Giang Province, is undergoing a significant transformation to accommodate the upcoming inauguration of its international passenger port. To make way for this ambitious project, local authorities have planned the relocation of submerged cages used for fish farming and boats. This relocation process, scheduled to conclude by March 20, will clear the path for the final construction stages of the Phu Quoc International Passenger Port.
b. Port Launch and Economic Impact
The Phu Quoc International Passenger Port, set to be officially launched on March 25, is heralded as Vietnam's first multi-functional international passenger facility meeting international standards. This state-of-the-art port represents a major milestone for the region, expected to boost tourism, trade, and economic development in Phu Quoc and surrounding areas.
Phu Quoc International Passenger Port Construction Project
c. Infrastructure Development and Roadside Enhancement
Construction crews are working tirelessly to expedite the completion of the access road leading to the Phu Quoc International Passenger Port, ensuring smooth access for visitors and travelers. In parallel, efforts are underway to clear obstacles along the roadsides and enhance the aesthetic appeal of the adjacent thoroughfares. These beautification projects are nearing completion, according to local news reports.
Phu Quoc International Passenger Port Construction Project
d. Port Scale and Capacity
Located in Dong Duong Town, the Phu Quoc International Passenger Port spans an impressive 179.3 hectares and has received a total investment of VND1,600 billion. Designed to cater to the growing demand for cruise tourism, the port is equipped to accommodate large vessels carrying up to 6,000 passengers. This ambitious infrastructure development is expected to significantly boost Phu Quoc's tourism industry and solidify its position as a premier destination in Vietnam.
2. CHU LAI PORT CONSTRUCTION PROJECT
a. Construction Progress and Key Milestones
Construction began on March 24
th, 2019. As of now, the 50,000 DWT port structure is 83% complete. The leveling and foundation work of phase 2 is nearly 90% finished, and pile construction is 98% complete. Additionally, the depth in front of the wharf has been increased to -11.6 meters. Installation of 3 tire-wheel cranes and 2 gantry cranes in the container yard and wharf areas is also underway. Chu Lai Port's administration and its contractors maintain strict control over work efficiency and labor safety throughout the construction process.
Chu Lai Port Construction Project - Quang Nam - Vietnam
b. Construction Timeline and Port Expansion
Contractors are working tirelessly to finalize construction to hand over the new wharf, which has been slated to commence operations in the second quarter of 2024. Despite challenging bad weather conditions in late November, dedicated teams of workers, engineers, and experts are committed to completing the 50,000 DWT port project on schedule. Upon completion, the port's length will extend to 836 meters, enabling Chu Lai Port to accommodate container ships of up to 50,000 DWT. This expansion will significantly enhance the logistics supply chain, boost import and export activities, stimulate regional economic growth, and fully leverage the area's potential.
Chu Lai Port Construction Project - Quang Nam - Vietnam
c. Port Development and Economic Impact
Chu Lai International Port has stated that the port is prioritizing strategic investments to enhance its capabilities and meet the growing import and export demands of businesses. By completing key projects and upgrading infrastructure, equipment, and operations, Chu Lai aims to become a vital logistics hub for the Central region. The port projected to handle 5 million tons of cargo in 2023, contributing significantly to the socio-economic development of the local and surrounding areas.
d. Main Contractor and Project Scope
♦ Thien An Construction and Mechanical Co., Ltd. is honored to be selected as the main contractor to carry out the project of expanding and upgrading Chu Lai Port. We are constructing a new 365-meter wharf, as well as involved in supply and installation of the new wharf's equipment.
3. TRAN DE PORT CONSTRUCTION PROJECT
a. Feasibility Study and Project Goals
The Soc Trang Provincial People’s Committee has tasked the local Department of Transport with conducting a comprehensive feasibility study for the construction of Tran De Seaport. This strategic initiative aligns with the government’s ambitious master plan for port construction in Vietnam from 2021 to 2030, with a visionary outlook extending to 2050. The proposed Tran De Seaport is poised to play a pivotal role in bolstering the region's maritime infrastructure, facilitating trade, and driving economic growth. The feasibility study will meticulously evaluate the project's technical, financial, and environmental viability, ensuring that the development of Tran De Seaport is undertaken in a sustainable and responsible manner.
Tran De Port Construction Project - Soc Trang - Vietnam
b. Port Scale and Capacity
According to the master plan, the Tran De Seaport will span an area of 1,400 hectares and have the capacity to berth vessels with a maximum deadweight tonnage of 160,000. By the year 2030, the port is expected to handle between 30 and 35 million tons of cargo annually. Prime Ministerial Decision No. 287/QD-TTg, issued on February 28, 2022, outlines the Mekong Delta’s development plans for the 2021-2030 period and sets a vision for the region up to 2050. This decision mandates that Tran De Seaport be developed into a special deep-water seaport and serve as a key gateway for the region.
c. Investment Incentives and Development Goals
Soc Trang province is actively seeking investors to participate in the Tran De port construction project. To incentivize investment, the province is offering a range of benefits, including a preferential tax rate of 10% for 15 years, tax exemptions for the first four years, and a 50% reduction on taxes payable for the following nine years. Additionally, investors will enjoy exemptions on land and water surface rentals for the entire leasing period. These incentives are designed to attract both domestic and foreign investors to contribute to the development of port infrastructure in Vietnam.
4. CHU LAI PORT CONSTRUCTION PROJECT
a. Port Establishment and Services
Chu Lai Port, situated in Quang Nam province's Chu Lai Open Economic Zone, commenced construction in 2010 and opened its doors for business in May 2012. Spread across 140 hectares, this multipurpose port supports THACO's operations considerably and caters to businesses in the Central Highlands, Laos, and Cambodia by offering port and warehouse facilities. Chu Lai Port provides comprehensive shipping services, including cargo handling, storage, customs clearance, and transportation for various goods like containers, bulk materials, liquids, and oversized items.
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Chu Lai Port Construction Project - Quang Nam - Vietnam
b. Port Expansion and Infrastructure Development
To meet the growing import and export needs of the Central and Central Highlands regions, THILOGI initiated an expansion and upgrade project at Chu Lai Port in mid-2022. A key component of this project involves expanding the port's capacity to handle larger 50,000-ton vessels. In collaboration with THADICO and Thien An Company, THILOGI is undertaking significant infrastructure development, including land leveling, dredging, and the construction of a new 365-meter wharf (the current port has a wharf length of 471m). Simultaneously, THILOGI is working with THACO INDUSTRIES and Doosan Group (Quang Ngai) to procure and install essential port equipment.
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Chu Lai Port Construction Project - Quang Nam - Vietnam
c. Equipment Procurement and Installation
To expedite the construction of the new 50,000-ton wharf, THILOGI is set to deliver and install essential equipment by the end of August 2023. This includes two advanced STS gantry cranes and three RTG frame cranes, which are state-of-the-art systems commonly employed in major ports worldwide. These cranes boast double the efficiency of the current Liebherr cranes, significantly reducing container handling times. Beyond port expansion, THILOGI is also committed to enhancing warehouse and container yard facilities. To date, the company has established a combined warehouse space of 179,500 square meters and expanded the container yard area to 91,400 square meters at Chu Lai Port.
d. Main Contractor and Project Scope
♦ Thien An Construction and Mechanical Co., Ltd. is honored to be selected as the main contractor to carry out the project of expanding and upgrading Chu Lai Port. We are constructing a new 365-meter wharf, as well as involved in supply and installation of the new wharf's equipment.
Thien An