On September 13, information from the Lao Cai Provincial Economic Zone Management Board, the unit has approved the investment policy and also approved the investor for the Kim Thanh Shoal Port Construction Investment Project.
The project is invested by Hai Phong - Lao Cai Logistics Joint Stock Company, implemented in Bat Xat commune, belonging to the core development area of Lao Cai border gate economic zone.
Kim Thanh Shoal Port has a scale of 50ha, implemented in 2 phases, with a total investment of more than 1,400 billion VND. The designed capacity is expected to be about 29,000 TEU/year.
According to the plan, phase 1 of the project is expected to be completed and put into operation in Q4. 2027.
Kim Thanh Shoal Port is oriented to become a link in the logistics network of the Lao Cai border gate area, connecting transportation methods, supporting goods circulation and carrying out related procedures right in the inland area.
The project is included in the Master Plan for the development of the dry port system for the period 2021 - 2030, with a vision to 2050 approved by the Prime Minister.
The project implementation is expected to supplement large-scale logistics infrastructure for the border gate area, contributing to improving circulation capacity, goods gathering and promoting import and export activities through Lao Cai.
