The port will be built at a budget of VND 14.23 trillion (USD 608 million). Over VND 2 trillion of which came from the investor My Thuy International Port Joint Venture Company, while the remainder from other sources.

At the groundbreaking ceremony. Photo: VOV

The 685-ha port will be home to 10 wharves capable of receiving ships of up to 100,000 tons. It is expected to significantly contribute to freight transport and economic growth of Quang Tri province.

During the first stage from 2018-25, four wharves will be built with an investment of nearly VND 5 trillion. There will be another three constructed at the same cost during the second stage from 2026-31, and the remaining three worth more than VND 4.3 trillion in the third stage from 2032-36.

The port will mainly serve the province’s Southeast economic zone and industrial zones, as well as cargo in transit from Laos and the northeast region of Thailand on the East-West economic corridor.

Source: VNA