An inauguration ceremony was held for the Vinh Tan international seaport in Vinh Tan commune, Tuy Phong district, the southern province of Binh Thuan on April 20.
The port was built on 140 ha at a cost of around 2.3 trillion VND invested by the Vinh Tan International Port Co. Ltd, from the Thai Binh Duong Group.
It has a 3,000 DWT wharf and two 50,000 DWT wharves, and will have a 70,000 DWT wharf in the near future.
The port will serve the import-export of commodities of Binh Thuan, and provinces in the south central and Central Highlands regions.
Nguyen Ngoc Hai, Chairman of the Binh Thuan People’s Committee said the port can be easily connected with industrial zones in Binh Thuan, Ninh Thuan and the Central Highlands, helping reduce transport costs and spur marine economy growth.
Bui Thien Thu, Deputy Head of the Vietnam Maritime Administration said the Thai Binh Duong Group’s building of the Vinh Tan international port is to realize the State’s policy of encouraging economic sectors, especially the private one, to invest in economic infrastructure development.VNA