More container depots planned

Vietnam needs about 9 trillion -15 trillion VND (397-661.5 million USD) to develop its inland container depots (ICD) over the next three years, while funding for the following decade will be about 20 trillion – 22 trillion VND (882-970.2 million USD). This is part of a newly-approved Government Decision 2072/QĐ-TTg on adjustments to the master plan for Vietnam’s inland container depot development to 2020, with a vision to 2030. A freight train passes the Laoo Cai Inland Container Depot in the northern mountainous province of Lao Cai. (Photo icdlaocai.com) The decision replaces Decision 2223/QĐ-TTg on ICD development master plan dated 2011. According to the Government, the adjustments aim to help inland container depot systems meet increasing demands for export-import transport, increase sea port capacity for goods clearance, ensure the safety of goods and reduce traffic congestion in urban areas. Inland container depots will be developed into hubs for organising goods transport and providing logistics services. By 2020, inland container depots are expected to deal with at least 15-20 percent of the volume of goods containers, with a total capacity of 4-6.84 million 20-foot-equivalent unit (TEU)/year. The figures are expected to reach at least 25-30 percent and between 12-17.6 million TEU/year, respectively, by 2030. Fifteen inland container deports will be built across the country. Six ICDs in the North are planned in the coastal economic zone, Hanoi – Lao Cai economic corridor, Hanoi – Lang Son economic corridor, the economic zone in the north-west of Hanoi, the zone in the south-east… [Read full story]

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