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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