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Vietnam to start construction of Lach Huyen terminal

Vietnam to start construction of Lach Huyen terminal
Hanoi- The construction of deepwater Lach Huyen terminal, in Haiphong will begin this month, Vietnam Prime Minister Nguyen Tam Dung announced this week.

The $1.2Bn, 900,000 teu joint venture between Vietnam’s Vinalines and Japan’s Mitusi OSK Lines, Nippon Yusen Kaisha and Itochu is the first public-private project in Vietnam and is expected to be operational in 2015.

Located 100 km northeast of Hanoi, Lach Huyen could become the largest port facility for the north of the country with a draught of 14 m and will accommodate vessels up 100,000 dwt (8,000-9,000teu vessels) and is expected to ease port congestion in Haiphong.

However, building infrastructure around Lach Huyen remains the key factor to its success. A 120km, 6 lane Hanoi-Haiphong expressway should be completed by end 2014 and the road and bridge linking the terminal to the mainland will be tendered this April 25 to be able to start the 36 month-construction by July 2013.

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