The People's Committee of Quang Ninh province has just decided to assign the right to use the sea area to Yen Hung Liquid Cargo Port Joint Stock Company (Quang Yen town, Quang Ninh province) to create a connecting water area, a water area in front of the wharf, to build floating structures and a ship turning area.
Location of use of sea area in Tien Phong commune and Lien Hoa commune, Bac Tien Phong Industrial Park (Quang Yen town, Quang Ninh province).
The permitted sea area is 11.42 hectares, the permitted depth is 13.5 meters (red sea system).
The term of use is until September 23, 2066 according to Decision No. 1683/QD-UBND dated June 21, 2023 of the Provincial People's Committee approving the investment policy and at the same time approving the investor Yen Hung Liquid Cargo Port Joint Stock Company to implement the Yen Hung Liquid Cargo Port construction investment project.
The amount of fee to be paid for using the sea area is 7,500,000 VND/ha/year, paid annually.
Previously, the People's Committee of Quang Ninh province also decided to lease 17,483.7 square meters in the above area to Yen Hung Liquid Cargo Port Joint Stock Company 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 that in the next phase it can meet the size of liquid cargo ships up to 100,000 DWT) and ships up to 2,000 DWT on the inside.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 capacity of the entire port is 8 million tons/year.
During the implementation of the Project, Quang Ninh province requires the investor to have optimal solutions to not affect the adjacent mangrove forest area outside the project scope; ensure tidal flow circulation and not let project construction activities divide 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. 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.