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Published: May 2006
Vietnam ports attract interest
Trade growth and industrial investment are prompting international interest in port development.. “So far it is just Vietnam International Container Terminal, but we hear of a possible foreign investment every time we look around,” said Nguyen Duc Truong, senior manager, Gemadep, in Ho Chi Minh City (HCMC).
As previously reported (World-Cargo News, November 2005, p7), P&O Ports Australia (now DP World), has an application before the People’s Committee of HCMC to build a US$220M port with a capacity for 1.5M TEU/ year.A P Møller/Maersk has indicated that it would like to buy stakes in port facilities in Vietnam (and/or Indonesia).Another Danish company, Maxiland, and Norway- based Thoresen have thrown their hats into the ring....
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This complete item is approximately 350 words in length, and appeared in the May 2006 issue of WorldCargo News, on page 12.
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