Nhon Hoi Gemadept Int'l Port kicked off
21:3', 7/12/ 2007 (GMT+7)

Model of Nhon Hoi Gemadept Int'l Port.

After preparations, the construction of Nhon Hoi Gemadept International Port has been kicked off in Nhon Hoi Economic Zone (EZ) on December 7. It will be able to accommodate 30,000-ton ships when in full performance. The project will be conducted with the total investment capital of VND3,704 billion (US$231,5 million), of which the first phase worth VND1,197 billion ($74,8 million).

Nhon Hoi Gemadept International Port is an important work of Quy Nhon city's master plan. Under the plan approved by the Prime Minister in 2004, Quy Nhon city will be expanded to the north, of which Nhon Hoi EZ will be developed on an area of 12,000 hectares.

Nhon Hoi EZ is prepared for the full operation. To attract more and more investment projects, it's essential to have a port fulfilling the need of transporting cargos.

The construction of the Nhon Hoi Int’l Port is a matter of urgency to meet the socio-economic development in Binh Dinh and neighboring provinces. The project will help to promote the volume of cargo in the key economic zone of central provinces. It has not only prior policies of the State but the concern of provincial leaders, agencies and the people. These will be favorable conditions for the success of investors.

Also, Nhon Hoi Gemadept International Port Joint Stock Company operates in various fields, of which the import and export and goods distribution play as the main fields. Port-services are, thus, expected to become a driving force for other fields.

Nhon Hoi Port, including two wharves with the length of 480 meter and services, will be built on an area of 119 hectares. As planned, the port will be fully operational by 2010 with the cargo volume of 2 million ton per year.

From 2010 to 2020 the second phase will be carried out. About 10 wharves with the length of 2,117 meters will be built on an area of 59 hectares, allowing a cargo volume of 9.5 tons each year.

  • Nguyen Vu (translated by Hong Quang)

Gemadept International Port was invested by Nhon Hoi International Port Joint Stock Company which a joint venture of Gemadept Joint Stock Company and Sai Gon Invest Group's Sai Gon-Nhon Hoi Industrial Zone Joint Stock Company.

Gemadept Joint Stock Company is one of Vietnam's top maritime enterprises. It has a fleet of container ships and a system of ports nationwide. Sai Gon Invest Group is now in charge of 15 industrial zones in three regions.

The corporation between Gemadept Company and Sai Gon Invest Group will help the construction of Nhon Hoi EZ and Nhon Hoi Port along, contributing to Binh Dinh's economic development.

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