Vietnam issues ports master plan

The Vietnamese government has approved the national Seaport Development Master Plan, which calls for investment of $19.5bn-$23.8bn by 2020.

As part of the plan, ports will be allocated to six regional groups. These will be developed using both local and foreign investment capital, with joint ventures between state companies and private companies to be encouraged for the development of larger ports. By 2015, up to 600m tonnes of cargo could be passing through ports, rising to 1bn tonnes by 2020 and 2.1bn tonnes by 2030.

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