On May 15, the Hanoi People’s Committee started work of an inland depot in Co Bi Commune, Gia Lam District. That is the largest in the Northern key economic region.
Deputy PM Truong Hoa Binh and Chairman of the Hanoi People’s Committee Nguyen Duc Chung attended the groundbreaking ceremony. The port is located at a favorable contiguous position with National Road 1B, National Road 5, and the third belt road of Hanoi.
The US$116.5 million project will be implemented in two stages, targeting to provide customs clearance service for exports and imports in the North Viet Nam. The first stage, costing nearly VND 782 billion (US$ 35.5 million), is scheduled for completion in the fourth quarter of 2019. Once completed, it is capable of handling 380,000 TEUS. The second stage, worth VND 1.78 trillion (US$ 81 million), is designed to handle 760,000 TEUs annually once it is completed in the fourth quarter of 2020.
The project is invested by Hanel One-member Co Ltd and Lang Ha Tower Co Ltd. The depot will provide hi-tech logistics, support, storage and distributions services for economic and industrial zones in the east of Ha Noi and adjacent provinces. Chairman Nguyen Duc Chung called on investors and constructors to ensure safety, quality, and progress of the project.
The US$116.5 million project will be implemented in two stages, targeting to provide customs clearance service for exports and imports in the North Viet Nam. The first stage, costing nearly VND 782 billion (US$ 35.5 million), is scheduled for completion in the fourth quarter of 2019. Once completed, it is capable of handling 380,000 TEUS. The second stage, worth VND 1.78 trillion (US$ 81 million), is designed to handle 760,000 TEUs annually once it is completed in the fourth quarter of 2020.
The project is invested by Hanel One-member Co Ltd and Lang Ha Tower Co Ltd. The depot will provide hi-tech logistics, support, storage and distributions services for economic and industrial zones in the east of Ha Noi and adjacent provinces. Chairman Nguyen Duc Chung called on investors and constructors to ensure safety, quality, and progress of the project.
Other News
- Hanoi to build 14 urban railway lines
- Hanoi People’s Council set to ratify capital planning until 2045 in late March
- Hanoi aims to complete An Duong – Thanh Nien overpass in June
- Hanoi nears start of construction on US$660-million Tran Hung Dao Bridge project
- Hanoi creates favorable conditions for Turkish businesses
- Transforming Thien Quang Lake: Central hub for community connectivity
- PM urges to accelerate investment in expressway projects
- State President highlights Hanoi’s effort in implementing Ring Road No.4 project
- Vietnam Gov’t earmarks US$27 billion for public investment in 2024
- Hanoi targets disbursing at least 95% of public investment funds in 2024
Trending
-
Hanoi, UNESCO pledge further cooperation
-
Vietnam news in brief - April 25
-
Vietnamese contemporary ballet celebrates Europe Day
-
Capital Law revision helps Hanoi promote role as nation’s socio-economic hub
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video