| Code: 105588 |

Vietnam mulls new Da Nang port

TIN news:   Vietnam is considering building a new port in the currently crowded Da Nang, according to Tediport, a company involved in the port.
A construction period through to 2050 will give the Lien Chieu Port facility an annual capacity of 46m tons for a total price tag of VND 32,861bn ($1.4bn).
The money will come from a public-private privatisation deal weighted 2:1 to private capital.
Currently, Da Nang’s Tien Sa port can handle 6m tons a year which, according to ports and engineering consultancy firm Tediport “is not enough to serve production and business”.
Tien Sa they went on to say it is overloaded with container throughput of 258,000 teu in 2015 and over 3m tons of general cargo.
Da Nang could become an international gateway port similar to Cai Mep and Haiphiong, Tediport added, with Lien Chieu serving containers, general and bulk cargoes and tankers.

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