Tam Thang 2 Industrial Zone kicks off construction

NDO – With an additional investment of VND120 billion, Chu Lai port is aiming to develop a logistics centre in the central key economic region. According to information from the Office of Quang Nam People's Committee on August 5, after nearly one year of construction which began in August of last year, the project to expand Chu Lai port in Chu Lai open economic zone (Quang Nam) has been completed. Invested by Chu Lai - Truong Hai Port Limited Company, the project includes expanding the wharf toward the upstream; expanding and upgrading the warehouse system and facilitating infrastructural development. With a total cost of VND120 billion, the project contributes to raising total investment in building Chu Lai port since 2010 to nearly VND800 billion, targeting to improve the capacity of its logistics service chain and build the port into a logistics centre. With 171m further extended towards the upstream, the Chu Lai wharf now has a total length of nearly 500m, with the depth in front of the berth at 9.5m, capable of receiving three vessels at the same time with tonnage ranging to 20,000 tonnes, including general cargo ships and liquid ones (previously a maximum of two vessels of 20,000 tonnes was the total allotted capacity). Warehouse and workshop system has been expanded from 71,040m2 in 2016 to 91,200m2, including bonded warehouse (57,600m2), warehouse (13,440m2) and inspection workshop (20,160m2), in which the workshop is an entirely new item that have been put into operation in…... [read more]

First section of Danang-Quang Ngai Expressway opened to trafficLe Anh HCMC – The Vietnam Expressway Corporation (VEC) on August 2 opened to traffic the first 65 kilometers of Danang-Quang Ngai Expressway, the first expressway in central Vietnam. The expressway has four lanes with a width of 24.25 meters in the first phase and allows for a maximum speed of 120 kilometers per hour. The section connected to Highway 1A is 12 meters wide and allows for a maximum speed of 80 kilometers per hour. The first phase requires a total investment of US$1.64 billion, equivalent to VND34.5 trillion, including US$798.6 million lent by the Japan International Cooperation Agency (JICA) and US$590.4 million by the World Bank. Land clearance, demining, value added tax (VAT) payment and project management costs are sourced from the nation’s reciprocal capital. VEC said the project to construct the 65-kilometer section from Tuy Loan in Danang City to Tam Ky City of Quang Nam Province was divided into eight main packages and five supporting packages. Despite a shortage of capital, the investor has completed all components on time, including a tunnel under Eo Mountain, 59 bridges with a total length of seven kilometers including 52 bridges on the main route, four interchanges in Tuy Loan, My Son, Ha Lam and Tam Ky, four toll stations and a main operation center in Tuy Loan. To build the first 65 kilometers of expressway, 560 hectares of land was taken back and 9,300 households were relocated. About 80 public facilities…... [read more]

NDO – The Transport Ministry and the Vietnam Expressway Corporation (VEC) conducted a trial run and put into operation the Km0 – Km65 section of the Da Nang-Quang Ngai Expressway, in Hoa Tien commune, Hoa Vang district, Da Nang city, on August 2. The expressway project, which is part of the North-South Expressway route, has been embraced in the Vietnam expressway network development plan until 2020, with orientations towards 2030. With a length of almost 140 kilometres, the expressway runs through three central localities, including Da Nang (eight kilometres), Quang Nam province (92 kilometres) and Quang Ngai province (40 kilometres). The route is being constructed at total costs of US$1.64 billion, with over US$798 million in loans received from the Japan International Cooperation Agency (JICA), over US$590 million financed by the World Bank and the remainder as the Vietnamese Government’s counterpart capital, which serves compensation, land clearance and resettlement work. The Da Nang-Quang Ngai Expressway has been designed to meet Class A expressway standards, with the scale of the first phase featuring a width of 24.25 metres, accommodating four lanes and allowing for a maximum speed of 120 kilometres per hour. Addressing the event, the leaders of the Transport Ministry asked the investors and contractors involved in constructing the Km0-Km65 section, to promptly finish their work on other categories in order to put the route into operation with high efficiency and safety. They also urged for the acceleration of the construction progress, with the aim of putting the entire 140…... [read more]

A 65km section of the 140km Da Nang-Quang Ngai Expressway project will be put into operation in August. (Photo: VNA) Da Nang (VNA) - The Vietnam Expressway Corporation (VEC) will put the first 65km road section of the 140km Da Nang-Quang Ngai Expressway into operation on August 2. This is the first expressway in the central and central highlands region. A VEC official said that the first stage of the project – the 65km section from Tuy Loan in Da Nang city to Tam Ky city, the capital of Quang Nam province, has been completed. The four-lane section with two emergency lanes will allow vehicles to travel at 120km per hour, reducing travel time between Da Nang and Quang Ngai province. VEC’s General Director Mai Tuan Anh said the road was an important part of the National North-South Highway, and its second stage was scheduled for completion later this year. He said VEC would also collect tolls from all vehicles travelling on the Tuy Loan-Tam Ky section. The Da Nang-Quang Ngai Expressway project commenced construction in 2012 with a total investment of 29 trillion VND (1.4 billion USD), of which 635 million USD was sourced from the World Bank and 673 million USD from the Japan International Cooperation Agency (JICA). The 26m-wide four-lane link, running through Da Nang city and Quang Nam and Quang Ngai provinces, will connect industrial parks in the region and help boost transportation in the East-West Economic Corridor that…... [read more]

Hai made the proposal while receiving Ohta Akihiro, Minister of Land, Infrastructure, Transport, and Tourism, in Hanoi on September 13. He noted that Japan is a leading transport infrastructure donor of Vietnam, and both countries have jointly implemented a number of infrastructure projects spanning aviation, maritime, rail and road transport. He cited the ongoing construction of Noi Bai Air Terminal No2, Nhat Tan-Noi Bai access road, HCM City-Long Thanh-Dau Giay expressway, Danang-Quang Ngai expressway, Ben Luc-Long Thanh highway, Haiphong international seaport, and Hanoi metro route No1, as the typical infrastructure construction projects of both sides. Hai spoke highly of the positive development of Vietnam-Japan relations through high-level exchanges to share experience and boost comprehensive cooperation in all areas, including transport. For his part, Akihiro confirmed that Japan will provide Vietnam with capital and expertise to develop transport infrastructure facilities.... [read more]

The Integrated Township and Industrial Park, the fifth of its kind in Vietnam, will be built on an area of 600ha in Son Tinh district. It is designed following the successful operations of the previous four VSIPs in Binh Duong, Bac Ninh and Haiphong. So far these VSIPs have attracted 490 investors from 22 countries and territories with a total capitalisation of more than US$6 billion, and generated steady jobs for 140,000 workers. At the ceremony, both PMs Dung and Lee noted that since the first park took shape in 1996, VSIPs have symbolised successful economic cooperation between the two countries, significantly contributing to Vietnam’s socio-economic development. Dung said that the Vietnamese government creates the best possible conditions for foreign investors, including those from Singapore, to operate efficiently in the country. “We are improving infrastructure, completing legislation, simplifying administrative procedures, and actively taking part in free trade area (FTA) negotiations, including the Trans-Pacific Partnership (TPP), to create the best business environment for foreign investors,” he said. He revealed that the Danang-Quang Ngai expressway, which is under construction, will run through urban areas and industrial parks along central coastal provinces, facilitating local development. At the ceremony, Quang Ngai handed over investment licences to three foreign projects totalling US$115 million, which are expected to generate 11,000 jobs.... [read more]

Most of the capital has been used for projects on transport, water supply and drainage, and urban development. The ODA amount included loans of US$500 million to help the country overcome the global economic crisis, US$410 million for the Ho Chi Minh City Long Thanh-Dau Giay expressway and US$300 million for Hanoi water drainage project in the second phase. The ODA disbursement target for the year was just US$1.9 billion, including US$1.6 billion in loans and US$300 million in non-refundable aid. But with just US$1.86 billion disbursed in the ten-month period, the ministry expects the amount for the whole year to reach US$3billion, the highest since Vietnam began to receive ODA 17 years ago. ODA to be committed for next year at the upcoming Consultative Group Meeting is expected to hit US$5.07 billion. The World Bank, the Asian Development Bank and Japan, which provides 70-80 percent of the total aid, remain the big donors. Part of the total amount will be used to build a second international terminal at Hanoi’s Noi Bai International Airport (US$710 million), the Da Nang-Quang Ngai expressway (US$580 million), infrastructure for Lang-Hoa Lac High Tech Industrial Park (US$615 million) and a road linking Nhat Tan bridge with Noi Bai International Airport (US$150 million). The ministry also predicts the total ODA commitment for the 2006-2009 periods to fetch US$20 billion, far surpassing its set target of US$12.35-15.75 billion. The ODA disbursement target for 2010 has been set at US$2.47 billion, 30 percent higher than this year’s target.... [read more]

Twenty companies from Ulsan, South Korea yesterday visited Dung Quat Economic Zone in the central province of Quang Ngai to seek investment opportunities. Chairman of the Quang Ngai People’s Committee Tran Ngoc Cang introduced the province’s investment potentials and opportunities to Korean firms. Quang Ngai province locates at a strategic position in the central key economic zone of Vietnam. The province has the total area of over 5,000 square kilometers and population of 1.3 million people, 14 districts and cities including Ly Son island district. The province has a synchronous traffic system including National Highway 1A, North-South Railway, Da Nang-Quang Ngai expressway and Highway 24 linking the province up to the central highlands and southern Laos. Chu Lai Airport locates 45 kilometers north of Quang Ngai in the neighboring province of Quang Nam. Dung Quat deep seaport can receive vessels of up to100,000 tons in Binh Son district. Dung Quat Economic Zone has been planned over 45,000 hectares to be one of five key coastal economic zones which the Government has given priorities to develop infrastructure. Dung Quat has been among economic zones offering the most incentives in Vietnam for investors so far. The province is home to some industrial parks including Vietnam-Singapore Industrial Park and 15 industrial zones and trade villages. Local authorities have issued many preferential policies including land and tax incentives to lure investors; assisted them with labor training, trade and investment promotion and advertising costs and streamlined administrative procedures. Korean firms also learnt about polices on…... [read more]

Da Nang (VNA) - Small scale production, scattered investment, poor connections and logistics services set big challenges for key economic zones in the coastal central region, considered a major centre of logistics for the country. Chairman of the Vietnam Logistics Association (VLA), Le Huy Hiep said this at a recent workshop on co-operation in developing logistics systems and centres in central Việt Nam's key economic region. "The region has 20 deep sea ports, but the system only handles 55.5 million tonnes of cargo - 13 percent of the country's sea ports per year. Meanwhile, the central region's port system could host 300,000 TEUs (twenty-foot equivalent units), an equivalent of 2.8 percent of total domestic market share," Hiep said. "The regional port system only plays a role as a collection centre for cargo being sent to major ports in northern and southern Vietnam. The region has only 422 businesses operating in logistics, with 8,000 labourers, and a revenue of 4 trillion VND (178 million USD)," he said. Hiep also said production capacity in industrial zones (IZs) across the region has not yet developed in supplying enough cargo for logistics businesses. He said most ports lack high capacity piers for giant ship docking, while ageing facilities and services at ports could not meet the demands of investors. Hiep also complained that four airports, built at a distance of 200km or 300km from Da Nang to Quang Nam, Hue and Binh Dinh, only managed a small airfreight of 10.8 million passengers and around…... [read more]

Small scale production, scattered investment, poor connections and logistics services set big challenges for key economic zones in the coastal central region, considered a major centre of logistics for the country. Chairman of Viet Nam Logistics Association (VLA), Le Huy Hiep said this at a recent workshop on co-operation in developing logistics systems and centres in central Viet Nam’s key economic region. “The region has 20 deep sea ports, but the system only handles 55.5 million tonnes of cargo – 13 per cent of the country’s sea ports per year. Meanwhile, the central region’s port system could host 300,000 TEUs (twenty-foot equivalent units), an equivalent of 2.8 per cent of total domestic market share,” Hiep said. “The regional port system only plays a role as a collection centre for cargo being sent to major ports in northern and southern Viet Nam. The region has only 422 businesses operating in logistics, with 8,000 labourers, and a revenue of VND4 trillion (US$178 million),” he said. Hiep also said production capacity in industrial zones (IZs) across the region has not yet developed in supplying enough cargo for logistics businesses. He said most ports lack high capacity piers for giant ship docking, while ageing facilities and services at ports could not meet the demands of investors. Hiep also complained that four airports, built at a distance of 200km or 300km from Da Nang to Quang Nam, Hue and Binh Dinh, only managed a small airfreight of 10.8 million passengers and around 1 million tonnes…... [read more]




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