The adjustment of investment policy on the largest Northern container terminal project of Hateco Group has been officially approved by the Prime Minister. The Prime Minister has just signed the decision on approving the adjustment of investment policy for the construction investment project of berth No.5 and No.6 Lach Huyen of Hai Phong seaport, which is invested by Hateco Group JSC on Feb. 11, 2022.
Accordingly, the project will be invested in building 02 berths with a length of 900m (each berth is 450m long) to accommodate container ships up to 18,000 Teus; 1 barge berth to accommodate ships and barges of 160 Teus capacity; port protection works, CY and warehouse, port service infrastructure, with a registered investment capital of nearly 9 trillion VND. The investment and construction project of berth No. 5 and No.6 Lach Huyen Port of Investor - Hateco is considered the largest container terminal project in the North when putting into operation.
The operation of this terminal will contribute to completing the goals of Vietnam's marine economic development strategy, ensuring national sovereignty at sea, and making an important contribution to the cause of industrialization and modernization of the country. Build a modern container terminal to meet the export and import needs of goods in the Northern region directly to the European and American markets without having to transit through ports in in Singapore, Hong Kong and Kaohsiung...; at the same time, it is taking full advantage of natural conditions and geographical location to develop Dinh Vu - Cat Hai economic zone (including: seaport system, logistics and industrial parks behind the port), promoting the development of social - economy of Hai Phong city in particular and the Northern region in general.
After obtaining the decision on approving the investment policy of the project, Hateco Group JSC commits to comply with the laws of the State and to put the project into operation in 2024 in accordance with to the schedule assigned by the Prime Minister./.