Approving the policy of Son Duong International Port Project worth over VND 8,800 billion

TRẦN TUẤN |

Ha Tinh province has just approved the investment policy for the Son Duong International Port Project of the investor, Vinhomes Ha Tinh Industrial Park Investment Joint Stock Company.

The project has a total estimated investment capital of about VND 8,866 billion, deployed in Vung Ang ward with a scale of about 123.5 hectares. Of which, the land area for port construction is about 36.53 hectares, the sea area is about 81.36 hectares, the connecting traffic road area is about 5.62 hectares.

The investment scale is to build 3 wharves, with a total length of 1,050m, receiving general ships and containers with a load capacity of up to 100,000 tons; warehouse system, infrastructure to serve ports, boat dock areas, water areas connected to waterways and boat quayming pools. The designed capacity is about 9.04 - 11.3 million tons/year.

The products and services provided are to serve the needs of loading, transporting, and storing general goods and containers in Ha Tinh and the area. The project's operation period is 70 years, from the date the investor has a decision on land allocation or land lease.

O Cang Son Duong da co mot so ben cua Cong ty Formosa Ha Tinh hoat dong nhieu nam nay. Anh: Tran Tuan.
In Son Duong Port, there has been a wharf of Formosa Ha Tinh Company in operation for many years. Photo: Tran Tuan.

The project's goal is to gradually build and complete the Son Duong port area according to the approved plan; invest in the construction of a general port, containers to serve economic activities, industrial parks in the province and neighboring areas.

The project is expected to be fully completed and put into operation from the second quarter of 2028.

The Provincial People's Committee assigned the Department of Finance to guide and urge investors to carry out documents and procedures to ensure project implementation. The People's Committee of Vung Ang Ward deploys and carries out compensation, support, resettlement, and site clearance for the project in accordance with regulations.

Investors are responsible before the law for the legality, accuracy and honesty of the investment policy approval proposal dossier and documents sent to competent State agencies; implement the investment project in accordance with the committed goals, contents and progress.

TRẦN TUẤN
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