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Vietnam confident on 2008 port success
02 Mar 2008
The head of Vietnam's Maritime Administration believes that 2008 will be a banner year for the country's ports following an injection of investment capital.
In all, there are 17 port projects currently being implemented, the majority of which are in the south of the country. A total of $1.5bn will be invested by 2010 and $2.4bn by 2020.
The biggest project will be the Saigon Premier Container
Terminal, in which $249m is being invested to create a 1.5m teu
capacity installation.
Vietnam National Shipping Lines has up to a dozen projects it is developing in national ports, too.
