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Gia Lai approves over USD 236 million for first phase of Phu My Port

The Gia Lai Provincial People’s Committee has approved the investment policy for the first phase of Phu My Port, with total capital exceeding VND 6 trillion (approximately USD 236 million).

The project aims to integrate regional planning and lay the foundation for a future industrial and port city.

Phase one will be developed in Phu My Dong Commune, Gia Lai Province, covering about 205 hectares, including 60 hectares of land and 145 hectares of sea area. Construction is scheduled to begin in September 2026 and be completed for operation by October 2028.

Phu My Port will serve the production and cargo transport needs of the Phu My Industrial Park, support inter-regional connectivity, and increase the share of maritime logistics transport.

Preliminary forecasts indicate that by 2030, the port’s annual throughput will reach between 3.8 and 4.4 million tonnes, including liquid cargo, general goods, containers, materials, equipment, packaged goods, bulk cargo, and specialised energy equipment.

According to the provincial authorities, on the morning of August 19, Gia Lai will also break ground on the first phase of Phu My Industrial Park in Phu My Dong commune. The project, invested by Phu My Investment Group JSC, will span over 436 hectares with total capital exceeding VND 4.5 trillion (approximately USD 177 million).

Source: Dtinews
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