Wednesday, December 17, 2008

Vietnam Approves Plan for New Port City Hub

Vietnam Approves Plan for New Port City Hub
(Cargonews Asia)
Friday, December 12, 2008

Prime Minister Nguyen Tan Dung has approved a master plan for transforming the Chan May-Lang Co Economic Zone in central Thua Thien Hue Province into a modern international commercial hub by 2025, Thai News Service reported.

According to the plan, the 27,108 ha Chan May-Lang Co Economic Zone will become a port city providing deep-water port services. It will serve as an important transit point for the delivery of goods in Vietnam's central economic region.

Under the plan, Chan May port will be located in Chan May Dong cape with a size of 370 hectares. It will be used as a container, and goods trading port. A Centre for Logistics and Commercial Service will be situated at the intersection between National Highway No 1A and the road to Chan May port. Chan May's commercial and financial services area will be located alongside the Bu Lu and Thua Luu rivers and the base of Phuoc Tuong mountain.

In addition, about 4,570 ha is set aside for developing high-quality ecological tourist and service areas. A non-tariff area, which is allowed to use land flexibly, will include a post-port and hi-tech industrial service. The plan also covers the road and rail network.

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