VIETNAM's central City of Da Nang officially opened the second stage of Tien Sa port after two years of construction, bringing annual capacity to 12 million tonnes, reports Hanoi's official Viet Nam News.
Da Nang Port Joint Stock Company general director Nguyen Huu Sia said that the second stage of Tien Sa Port had cost VND1 trillion (US$44.2 million), of which 36 per cent was funded by the company.
Mr Sia said the second stage, which included two piers, would allow access to 70,000-dwt ships and 4,000-TEUers.
Mr Sia said the port was a key hub in central Vietnam and met international logistics standards in the region connecting the East-West Economic Corridor that links Laos, Thailand, Myanmar and Vietnam.
Tien Sa port, 10 kilometres from downtown Da Nang, handled four million tonnes of cargo in the first six months this year, a 6.14 per cent year-on-year increase.
The port received on average 23 ships from 15 shipping agencies per week. The expanded port will help build it into a leading international commercial gateway in the ASEAN region by 2025.
The Tien Sa port upgrade is the city's second investment project which did not use official development assistance (ODA) funds after the Hoa Lien Water refused non-refundable ODA funds from Japan.
According to the Ministry of Transport, the city's port system, including Tien Sa, Lien Chieu and Son Tra, would handle 29 million tonnes of cargo by 2030. The Port of Kawasaki in Japan has been planning to open a shipping route connecting the two ports.
Da Nang Port Joint Stock Company general director Nguyen Huu Sia said that the second stage of Tien Sa Port had cost VND1 trillion (US$44.2 million), of which 36 per cent was funded by the company.
Mr Sia said the second stage, which included two piers, would allow access to 70,000-dwt ships and 4,000-TEUers.
Mr Sia said the port was a key hub in central Vietnam and met international logistics standards in the region connecting the East-West Economic Corridor that links Laos, Thailand, Myanmar and Vietnam.
Tien Sa port, 10 kilometres from downtown Da Nang, handled four million tonnes of cargo in the first six months this year, a 6.14 per cent year-on-year increase.
The port received on average 23 ships from 15 shipping agencies per week. The expanded port will help build it into a leading international commercial gateway in the ASEAN region by 2025.
The Tien Sa port upgrade is the city's second investment project which did not use official development assistance (ODA) funds after the Hoa Lien Water refused non-refundable ODA funds from Japan.
According to the Ministry of Transport, the city's port system, including Tien Sa, Lien Chieu and Son Tra, would handle 29 million tonnes of cargo by 2030. The Port of Kawasaki in Japan has been planning to open a shipping route connecting the two ports.