Dong Nai People’s Committee awarded Investment license to PAP

In September 30, Dong Nai People’s Committee held a ceremony to award investment license to PetroVietnam Phuoc An Port Investment & Operation Joint Stock Company. This is a very important and legal basic in order to carry out the next steps of project.

The Phuoc An Port which is belong to the Port Group No.5 in the Focal Economic Region in the South of Vietnam has a very advantageous location on Thi Vai river with the best channel in Vietnam at present. Especially, Phuoc An Port is located in the Focal Economic Region in the South of Vietnam such as: Ho Chi Minh city, Dong Nai province, Binh Duong province, Ba Ria – Vung Tau province, Long An province, etc which have 70% of container volume and 55% general cargo volume through open sea port of Vietnam, this area is easy to connect the West area not only by waterway but also by road.

 The project with a total investment capital of VND 19.672 trillion (approximately US$1.1 billion) on an area of 183 hectares of Phuoc An port which has designed total berth length of 3,050m for accepting simultaneously 10 vessels (6 container carriers, 4 bulk carriers) with maximum tonnage up to 60,000DWT/vessel can handle capacity of the port: General cargo of 6.5 million tons and 2.8 million TEU per year. And on an area of 548 hectares of Logistics Zone is the main part of project which was designed transshipment hub for South of Vietnam and supports the port operations with functions as: CFS Distribution Centre/ Warehousing, Regional Distribution Centers , Pre-production processing import/export, ICD services, rail depot, Office buildings, Resident buildings, Entertainment facilities And others logistic services.

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