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Vietnam needs over $13bn for seaport development by 2030

by Administrator

HANOI – Vietnam will require more than 359 trillion Vietnamese dong (around 13.6 billion U.S. dollars) to develop its seaport system by 2030.

This is according to the latest plan issued by the Ministry of Construction.

Under the plan, public maritime infrastructure will need about 72.8 trillion dong (2.7 billion dollars), while ports providing cargo handling services will require some 286.7 trillion dong (around 10.9 billion dollars).

Vietnam News Agency reported on Monday.

The total land demand for seaports nationwide by 2030 is projected at around 34,000 hectares.

It included 17,500 hectares for seaports and the remainder for industrial parks and logistics facilities linked to ports, the report said. (Xinhua/NAN)

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