Vietnam firm operates first inland port in Ba Ria-Vung Tau

Thanh Binh Phu My Joint Stock Company has put Phu My Inland Port, the first of its kind in the coastal province of Ba Ria-Vung Tau and the third in the country’s southern region, into operation.

The inland port is located at Phu My 3 Specialized Industrial Park (PM3SIP), also operated by the company, in Phu My town.

It covers 37.8 hectares at a cost of VND2.99 trillion (roughly $122 million) in two phases, including 15 hectares for the first phase.

The port consists of main areas like a 0.88 ha inland waterway wharf measuring 581 meters in length, warehouses stretching 5.7 ha, and a 16.7 ha depot with container yards for import-export cargo, domestic cargo, empty containers, and freight yards.

It will provide a multi-modal, integrated logistics service ecosystem with various transport services; loading and unloading services; checking and fulfilling customs procedures for import-export goods; container repairs, cleaning and maintenance; warehousing services; and other logistics services.

Speaking at the inauguration ceremony on Saturday, Nguyen Cong Vinh, vice chairman of the provincial People’s Committee, noted that the amount of goods passing through the Cai Mep-Thi Vai deep-water port nearby is large, at nearly 500,000 TEUs. The throughput capacity of Phu My Inland Port is expected to reach 300,000-400,000 TEUs by 2026, contributing to raising the region’s status as a goods transshipment hub.

“Phu My Inland Port, one of 12 inland ports nationwide, will be an inland transport route connecting the region, a piece of the puzzle to complete industrial logistics for PM3SIP,” said Nguyen Dinh Viet, deputy director of the Vietnam Maritime Administration.

Ta Quoc Bao, deputy general director of Thanh Binh Phu My JSC, highlighted the role of the inland port in a seaport - industrial ecosystem. It enhances the connectivity of roads, air transportation, and railways between seaports, ICDs and depots in the region as well as raw materials regions nationwide with PM3SIP.

Once completed, the throughput capacity of the inland port will be up to one million TEUs of container goods and 2.6 million TEUs of general goods, Bao added.

At the inauguration ceremony, the investor of Thanh Binh Phu My JSC signed memorandums of understanding with domestic and foreign partners in the fields of logistics and shipping to open the container depot, providing integrated logistics services and transit cargo among sea ports, ICDs and depots.