ID :
19323
Sat, 09/13/2008 - 12:15
Auther :
Shortlink :
http://m.oananews.org//node/19323
The shortlink copeid
Vinalines, Chinese group set up sea port JV
Hanoi (VNA) - A container port which will cover an area of 166 ha will be built in the southern province of Ba Ria-Vung Tau at an estimated cost of 300 million USD.
To this effect, the Vietnam National Shipping Lines (Vinalines) and the
China Merchants Group Ltd. (CMG) have signed a contract to set up a joint
venture company.
They planned to start the construction work in 2009 and finish it in 2011.
The port will be able to receive 80,000 DWT ships.
Earlier, Vinalines and CMG had reached an agreement with the China
Development Bank on credit granting to carry out the project.-Enditem
To this effect, the Vietnam National Shipping Lines (Vinalines) and the
China Merchants Group Ltd. (CMG) have signed a contract to set up a joint
venture company.
They planned to start the construction work in 2009 and finish it in 2011.
The port will be able to receive 80,000 DWT ships.
Earlier, Vinalines and CMG had reached an agreement with the China
Development Bank on credit granting to carry out the project.-Enditem
