Another "huge" foreign investor interested in Lien Chieu Port Project, Da Nang
The APM Terminal – Hateco consortium is the latest investor to submit an expression of interest in the Lien Chieu Port Construction Investment Project, Da Nang City (investment call) with a total investment of up to 48,304 billion VND.
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| Lien Chieu Port - Da Nang Port Coordination. |
According to information from the Investment Electronic Newspaper - Baodautu.vn , APM Terminal Group and Hateco Group have just sent an expression of interest to Prime Minister Pham Minh Chinh for the Lien Chieu Port Construction Investment Project in Da Nang City.
Accordingly, in case of being selected as the investor of the Lien Chieu Port Construction Investment Project, the APM Terminal – Hateco Joint Venture commits to ensuring the volume of transported goods and creating a flow of goods to and from key locations, thereby turning Da Nang into an important freight transit center in the medium and long term.
The APM Terminal – Hateco joint venture will also build Lien Chieu port to become the first green port in Vietnam with green logistics services and maintain the highest standards of governance, environmental and social responsibility; at the same time, commit to speeding up the port opening date through the application of the most effective construction methods.
APM Terminals is one of the world's largest container terminal operators, part of the AP Moller-Maersk Group. This unit is managing container terminals and providing integrated inland and cargo services, operating more than 70 port facilities and terminals in 38 countries on five continents.
Together with the famous shipping company Maersk in the system, APM Terminals possesses professional capacity and in-depth understanding of the shipping market, helping to identify key challenges and then propose highly feasible solutions through reasonable proposals.
Besides, Hateco is a large multi-industry corporation in Vietnam, established in 2004, is a pioneer in large infrastructure projects such as: Project of berths 5 and 6 of Lach Huyen seaport, Hai Phong; Bac Tien Phong Industrial Park, Quang Ninh; ICD Long Bien dry port area, Hanoi.
APM Terminals and Hateco are launching a strategic partnership at Hateco Hai Phong International Port, developing it into the largest, most modern and sustainable container port in Northern Vietnam.
It is known that the Lien Chieu Port Construction Investment Project consists of 2 component projects. Of which, the Lien Chieu Port Construction Investment Project (shared infrastructure part) has a total investment of 3,462 billion VND from the central budget and Da Nang City, approved by the Prime Minister in 2021.
The People's Committee of Da Nang City started construction of the shared infrastructure in September 2023, expected to be completed in 2025.
Meanwhile, the Lien Chieu Port Construction Investment Project (investment calling part) includes 8 container terminals (total anchorage length of 2,750 m for ships from 50,000 - 200,000 DWT), 6 general cargo terminals (total anchorage length of 1,550 m for ships from 50,000 - 100,000 DWT), terminals for river-sea ships, and port facilities. According to preliminary calculations by the Da Nang City People's Committee, the investment cost is about 48,304 billion VND.
Currently, in addition to a number of domestic enterprises, the Lien Chieu Port Construction Investment Project has also received attention from ADANI (India) and Sumitomo (Japan).
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