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Source: dantri.com.vn

Danang selects investor for USD 1.7 billion port project

Authorities in Danang have approved the investor for the Lien Chieu Container Port project, a major infrastructure development worth more than USD 1.7 billion.

The winning consortium includes Hateco Group, Hateco Seaport Company and APM Terminals.

The project will develop the Lien Chieu Port into a modern container terminal and international transshipment hub meeting green port standards.

With a total area of more than 172 hectares, the port is designed to handle up to 5.7 million twenty-foot equivalent units (TEUs) per year, equivalent to around 74 million tonnes of cargo annually.

In its first phase, the port is expected to process about 4 million TEUs per year.

The development timeline is nearly 10 years, with operations lasting 50 years from the date land and sea areas are allocated.

Danang selects investor for USD 1.7 billion port project - 1

Location for the Lien Chieu Container Port "super project" (Photo: Binh An).

Under the plan, the port will include eight container berths with a total quay length of about 2,750 metres, capable of accommodating vessels of up to 18,000 TEUs.

The berths will adopt modern cargo-handling technologies with high levels of automation to improve efficiency and reduce turnaround time.

The project will also feature barge berths capable of handling vessels of up to 5,000 tonnes, helping connect the port with other seaports and inland waterways, thereby easing pressure on road transport and reducing logistics costs.

A comprehensive logistics hinterland will be developed, including container yards, inspection areas, cargo handling facilities and supporting infrastructure such as operation centres, service zones and maintenance workshops.

In addition, a rail-connected cargo yard will link the port directly to the national railway network via a 1.5km line to Kim Lien station.

The project will be implemented in three phases from 2026 to 2036, gradually building port infrastructure and supporting facilities.

The total investment is estimated at around VND 45.268 trillion (about USD 1.757 billion), with more than VND 9 trillion contributed by investors and the remainder financed through credit institutions.

The project is expected to play a key role in enhancing logistics capacity in central Vietnam and strengthening Danang’s position as a regional maritime hub. 

Content link: https://dtinews.dantri.com.vn/vietnam-today/danang-selects-investor-for-usd-17-billion-port-project-20260317110756446.htm