The VND13 trillion
(US$619 million) project, funded by ODA loan of JICA and counterpart
budget of Vietnam government, will also open direct shipping channels
with other domestic and international ports worldwide, cutting the
intermediate and transit shipping costs
"The project will also
help increase the social economic development of Ba Ria Vung Tau in
particular and the southern region in general while save other ports in
the South from overload burdens." said Deputy Prime Minister Hoang Trung
Hai.
Hai said the port, which
marks 40th years of relationship between Vietnam and Japan, will also
play as a shipping hub connecting countries in the Mekong region.
He told the port's management board to fully ultilise the ports and operate the ports with safety.
According to transport
Vice Minister Nguyen Van Cong, with direct channels and access roads,
the ports will play an important role in attracting foreign directo
investment (FDI) to the region as well as international maritime
forwarders from the USA, Denmark, Singapore, Japan and Hong Kong".
Cong said the project
built an international gateway which is capable of Vietnamese exports
directly to Europe and North America ports without the need to stop at
international transit terminals in the region.
"This shall enhance the
the competitiveness of Vietnam exports while consolidating the postion
of Vietnam in the world maritime transport" Cong added.
The project, managed by
Ministry of Transport's Project Management Unit 85 (PMU85), consists of
seven contract packages including four civil work packages, two
equipment procurement packages and one supervision consulting service
package.
Meanwhile, three most
important packages of the project are Cai Mep Container Port, Thi Vai
general goods port, bridges and roads connecting from National Highway
51 to the two ports.
The container port
package includes two perths with total length of 600m which could
accommodate 130,000 DWT vessels, and other facilities which could
provide navigational capacity of 700,000 TEUs per year.
Meanwhile, the general
cargo port have two perths with the m which total length of 600 cound
serve 50,000 tonnes vessels and other port facilities that have loading
and unloading capacity of 1.6-2 million tonnes per year.
The bridges and roads
package includes 8.5 km road section and four lanes which could allow
vehicles to run at the maximum speed of 80 km per hour.
Approved by the
government in 2004, the project was completed with the participation of a
number of Japan contractors include Toa-Toyo, Penta-Rinkai, Penta-Toyo,
IHI-MES and two domestic contractors include Cienco6-Truong Son and
Maritime Safety Corporation.
In addition, Japanese JPC-Nippon Koei was the major supervisor of the project.
According to the Vietnam Port Association (VPA), Viet Nam has 30 ports with 166 harbors and 350 wharfs.
Of these, only some that
were rendered operational after 2006 are equipped with state-of-the-art
loading and unloading facilities. This shortage has reduced loading
capacity in Vietnam to only 50 percent compared to advanced ports in
other countries in the Asian region.
Vietnamese logistics
industry has attracted a number of foreign investors and there are
currently close to 1,000 companies that have established in the country.
Meanwhile, Vietnamese
companies are only able to supply simple logistic services. About 70
percent of the market share is captured by foreign companies; hence
logistic services contribute little to the country's GDP.
The association says that
Vietnamese logistic services have not yet fulfilled their potential.
More than 90 percent of imported and exported commodities are
transported via the sea and it is predicted that around 600 million
tonnes of goods will be transported this way by 2015 and around 1,100
million tonnes by 2020.
Total container-handling
capacity through ports is as much as 15.2 million twenty-foot equivalent
units (TEU) as of 2015, and 29.2 million TEU as of 2020. - VNS
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