On March 4, 2021, Deputy Prime Minister Trinh Dinh Dung signed Decision No. 299/QD-TTg approving the investment policy of the investment project to build wharves No. 5, No. 6 Lach Huyen wharf area in Hai sea Room. The project has an investment capital of 6,425.2 billion VND, invested by HATECO Group Joint Stock Company.
The objective of the Project is to invest in building 2 container terminals No. 5 and No. 6 in Lach Huyen port area, Hai Phong city in order to gradually build a modern container terminal according to the approved planning; meet the needs of exporting and importing goods of the Northern region directly to the European and American markets; Maximize the advantages of natural conditions and geographical location to develop Dinh Vu - Cat Hai economic zone (system of seaports, logistics and industrial parks behind ports) to promote socio-economic development of Hai Phong city. Room in particular and the North area in general.
The project implementation location is at Lach Huyen wharf area, Cat Hai island area, Hai Phong city.
Project duration 70 years.
In terms of scale, the project invests in building 2 berths with a length of 750 m (each berth is 375 m long) to accommodate container ships up to 100,000 DWT (equivalent to a capacity of 8,000 Teus); 1 barge berth to receive ships and barges with a capacity of 48 Teus; port protection works, warehouse system, port service infrastructure, ship parking area and water area connected to Lach Huyen public navigation channel; land use scale is about 47 ha.
Investment capital to implement the Project (registered by the investor) is VND 6,425.2 billion; phase 1 (from 2020 to 2025) is 6,072,976 billion VND; Phase 2 (from 2030 and after 2030) is VND 352,236 billion. In which, equity accounts for 15% of total investment capital, loans and other lawfully mobilized capital accounts for 85% of total investment capital.
Implementation progress:
Phase 1: Estimated construction time in 4 years from the approval of the decision on investment policy
Phase 2: Estimated construction time in 1 year, construction time in accordance with the demand for goods through the port.