Construction to be completed by 2017 on Hoanh Son International General Port.
The Hoanh Son Group JSC began construction of the Hoanh Son International General Port in north-central Ha Tinh province on October 4.
The port sits on an area of 16.1 ha with total investment of VND1.5 trillion ($66.7 million) and will be able to berth 50,000 ton ships. Completion is expected in June 2017 and capacity is expected to be 2.3 million tonnes of cargo a year.
The project will play an important role in the development strategy of not only the Hoanh Son Group but also of Ha Tinh province, Chairman of the Provincial People’s Committee Le Dinh Son said. Along with Vung Anh Port, Hoanh Son Port will improve the infrastructure in the province and, more importantly, increase revenue, bolster local socioeconomic growth, and create jobs.
Hoanh Son Port will ease the burden on nearby Vung Ang Port. Over the last three years the latter’s capacity has reached the maximum possible. In 2014 it handled some 3 million tonnes of cargo; double its designed capacity of 1.3 million tonnes. More than 80 per cent of ships coming to the port have to wait offshore before berthing, according to the Maritime Administration in Ha Tinh province.
Hoanh Son Port is part of plans for developing Son Duong - Vung Ang Port with a vision to 2020, approved by the Ministry of Transport in April this year. The project was officially licensed in May.