Ho Chi Minh City to have container port

Ho Chi Minh City expects to see a trade boom with a new major container port scheduled for operation in May next year.

The Tan Thuan Industrial Development Company and the DP World from the United Arab Emirate (UEA) are accelerating construction of the Saigon Central Container Port with a capacity of handling 1.8 million TEU a year in Hiep Phuoc industrial zone in Nha Be district.

The 360 million USD project, covering 40 ha, will build in the first phase 500m of quays capable to handle 1 million TEU.

Another project to dredge the Soai Rap river is expected to enable the port to receive 50,000-70,000-tonne cargo ships.