Quang Tri (VNA) – The central province of QuangTri’s People’s Committee held a ceremony on January 15 to announce and handover the Prime Minister’s decision that approves the construction of My Thuyport.

Earlier on January 4, Deputy Prime Minister Trinh Dinh Dungsigned Decision No.16/QD-TTg approving the project in Dong Nam economic zone inHai An commune, Hai Lang district.

Accordingly, the project will cost over 14 trillion VND (608million USD), over 2 trillion VND of which will come from the investor My ThuyInternational Port Joint Venture Company and the remaining from other sources.

The 685ha port will be home to 10 wharves capable ofreceiving vessels up to 100,000 tonnes.

During the first stage from 2018-2025, four wharves will bebuilt with an investment of nearly 5 trillion VND. There will be another threeto be constructed at the same cost during the second stage from 2026-2031, andthe remaining three worth more than 4.3 trillion VND in the third stage from2032-2036.

The port will mainly serve the Dong Nam economic zone,industrial zones in Quang Tri, and cargo in transit from Laos and the northeastregion of Thailand on the East-West economic corridor.

Speaking at the ceremony, Chairman of the provincialPeople’s Committee Nguyen Duc Chinh asked the investor to work with partners toarrange capital and launch the project this September.

He vowed all possible support to them to complete theproject on schedule.–VNA