According to information from the People's Committee of Quang Ninh province, this unit has just signed a decision to lease 17,483.7 square meters of Yen Hung Liquid Cargo Port Joint Stock Company in Lien Hoa commune, Bac Tien Phong Industrial Park, Quang Yen town to implement the Yen Hung Liquid Cargo Port construction investment project.
The land use period is from the date of the land lease decision to September 23, 2066, equal to the project's operation period in Decision 1683/QD-UBND, dated June 21, 2023 on the approval of the investment policy of the People's Committee of Quang Ninh province. Form of land lease: The State leases land and collects annual land rent.
Yen Hung Liquid Port Project is ideally located on the banks of the Chanh River, in Bac Tien Phong Industrial Park, Quang Yen Town. The project has a total capital of about 740 billion VND.
Regarding the construction scale, Yen Hung Liquid Cargo Port Joint Stock Company will build a specialized wharf system for importing and exporting liquefied gas and petroleum products, with a total wharf length of 426m, mooring on both sides, meeting the size of liquid cargo ships up to 50,000 DWT on the outside (considering in the next phase that it can meet the size of liquid cargo ships up to 100,000 DWT) and ships up to 2,000 DWT on the inside. In addition, there is also a port management office and technical infrastructure system.
The designed capacity is divided into 2 investment phases. In which, the port throughput capacity in phase 1 is 2.5 million tons/year; and when the entire phase 2 is completed, the port's capacity will be 8 million tons/year.
Regarding implementation, the People's Committee of Quang Ninh province requires investors to implement the Project in accordance with its objectives, scale, and progress; to deposit or provide bank guarantees for deposit obligations to ensure the implementation of the investment project in accordance with the law.
During the project implementation process, there must be optimal solutions to not affect the adjacent mangrove forest area outside the project scope; ensure tidal flow circulation and prevent project construction activities from dividing the mangrove forest area into closed, flooded areas, affecting the growth and development of the mangrove forest adjacent to the project.
The first customer of this port is expected to be the Stavian Quang Yen Petrochemical Plant project right next door, with an investment capital of about 1.5 billion USD.
The Stavian Quang Yen Petrochemical Plant Project is built on an area of 30 hectares in Bac Tien Phong Industrial Park, Tien Phong Commune, Quang Yen Town, Quang Ninh Province. The project has an estimated total investment of up to 1.5 billion USD with a production scale of 600,000 tons of Polypropylene granules/year, applying the world's most advanced copyrighted technologies of Honeywell UOP (USA) and Basell Poliolefine Italia (Italy), including: The latest generation of Propylene production technology from Propane using the Hydro reduction method and Polypropylene production technology using Spheripol technology.
In addition to modern technology, the project also uses high-tech, automated and environmentally friendly equipment imported directly from EU and G7 countries, applying high-tech solutions to save and optimize water use in petrochemical production, ensuring energy savings and reducing greenhouse gas emissions.
