Work starts on Lien Chieu mega-port project in Danang

Danang city has commenced work on the nearly VND45.27 trillion ($1.72 billion) Lien Chieu container port project, seen as a strategic boost to the maritime economy and logistics network in central Vietnam.

At a ceremony on Friday, local authorities said the development will include eight container berths along with supporting infrastructure, designed to meet international standards for green transshipment ports.

The project is being developed by a consortium comprising Hateco Group, Hateco Seaport Co Ltd and APM Terminals B.V. of the Netherlands.

Once operational, the port is expected to handle around 4 million twenty-foot equivalent units (TEUs) annually after three years of phase-one operations, according to the investors.

The project has a planned lifespan of 50 years and an implementation timeline of nearly a decade.

Authorities said the port would leverage its strategic location to enhance socio-economic development in Danang and the broader central coastal region, while ensuring national security and sovereignty considerations.

Local authorities are currently finalizing procedures and contract negotiations with the investors, with construction expected to begin soon after agreements are signed in April.

Tran Van Ky, chairman of Hateco, said the consortium pledged to deploy advanced technologies to build a “green and smart port” integrated into global supply chains.

Danang officials said the port would serve as a core hub in a broader logistics ecosystem, supported by connecting transport infrastructure and a planned free trade zone.

Pham Duc An, Chairman of the municipal People's Committee, stated that the city has identified port development as one of its key priorities for the future.

An asked the investors to promptly complete all relevant procedures, quickly commence construction of the two initial berths, and apply the most advanced technologies, aiming for a "Green Port - Smart Port" model and international-standard construction quality.

The project follows the completion of key shared infrastructure, including breakwaters, a 7.3-km navigation channel, and a six-lane access road, providing a foundation for the port’s development.

In other news, construction on the VND4.15 trillion ($157.52 million) Tam Anh-An An Hoa Industrial Park commenced in Tam Anh commune, Danang city on Sunday.

The investor is An An Hoa Industrial and Urban Development JSC, a member of Geleximco Group.

The project, expected to create momentum for industrial development in the city's southern area, will cover nearly 436 hectares. It will be one of the few industrial parks that simultaneously integrates five modes of transportation: road, rail, air, international sea, and inland waterway.

Vu Van Hau, chairman of Geleximco Group, stated that the project is being developed in a modern direction, aligned with the requirements of green transformation, digital transformation, and the global trend of manufacturing relocation.

The industrial park prioritizes attracting high-tech industries, clean industries, and sectors with high added value such as electronics, mechanical engineering, automotive, pharmaceuticals, materials, deep processing, logistics-warehousing, and supporting services.