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Over 13 bln USD needed to upgrade Vietnamese port system

0 Comment(s)Print E-mail Xinhua, February 21, 2025
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HANOI, Feb. 21 (Xinhua) -- Vietnam will need an estimated 351.5 trillion Vietnamese dong (13.76 billion U.S. dollars) to upgrade its port system by 2030, local media reported Friday.

According to Vietnam's detailed plan for seaports, terminals, quays, mooring buoys, and water zones, about 72.8 trillion dong (2.8 billion dollars) will be spent on maritime infrastructure, and the remaining for port terminals.

The plan targets around 33,800 hectares of land for port development by 2030, including the Can Gio international transshipment terminal and related industrial and logistics zones.

The plan also encourages investments in terminals at potential seaports such as Van Phong and Tran De. Enditem

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