BUSINESS
Quy Nhon Gemartrans - Gemadept will make long-term investment plans in Binh Dinh Province
17:16', 31/1/ 2007 (GMT+7)

Mr. Vo Van Nhut, Director of Quy Nhon Gemartrans and Gemadept companies. Photo by binhdinhinvest.gov.vn

According to binhdinhinvest, Binh Dinh Province Branches of Gemartrans and Gemadept  companies organized an inauguration ceremony of their new agency at 98 Pham Hung Street, Quy Nhon City. Gemartrans and Gemadept have been at top maritime forwarding companies in Vietnam and in Southest Asia. At present, Gemartrans and Gemadept are now offering multimodal freight service such as sea freight, air freight, road way and railway.

In his ceremony speech, Mr. Nhut, Director of Quy Nhon Gemartrans-Gemadept companies said that Binh Dinh in general and Quy Nhon Port in particular played new strategic roles in Southeast Asia in indispensable corelation with development of East-West Economic Corridor. Hence, number of goods exported through Quy Nhon Port will surge quickly in near future. Clearly realizing the opportunities, leaders of two companies decided to make long-term investment plans in the Central Vietnam in general and Binh Dinh Province in particular in order to expand and fully exploit their multimodal freight services.

Gemadept  has recently co-ordinated with Sai Gon - Nhon Hoi Industrial Zone Joint-stock Co. to ask for investment permission of building Gemadept - Nhon Hoi International Port. The project has two separate stages. Its total investment is worth roughly VND 2,000 billion (USD 125 million). Nhon Hoi Economic Zone Management Board gave its approval to the planned location of the port.

  • Reported by HV
  • Translated by Hong Ha
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