Authorities of Vietnam’s central province of Thua Thien-Hue have licensed International Transportation Development and Investment Joint Stock Company to build a cement port.
Dong Lam port to cover 106 hectares in Phong Dien district will have a total investment of VND1.23trn (US$63.37 ) and be developed into two phases, the Nong nghiep Viet Nam newspaper reported Wednesday.
The port will be capable of handling two million tons of cargoes per year in the first phase, which is slated for construction in the third quarter of 2011 and completion in the fourth quarter of 2013.
Its capacity will be doubled in the second phase, which is scheduled to kick off in 2017.
Once full completed, the facility will received 20,000dwt ships to handle cargoes of cement, clinker and other materials for Dong Lam cement plant.