New Port to widen Long Binh ICD to 205 hectares

News - New Port Saigon Corporation, the biggest operator of container ports in Vietnam, has announced a plan to widen its Tan Cang- Long Binh Inland Clearance Depot in Dong Nai Province to 205 hectares this year from the current 80 hectares.

Speaking at its customer conference last Friday, Tran Khanh Hoang, deputy general director of the corporation, said the ICD expansion was part of the company’s intensive investment program this year.

“This expansion project aims to develop a 20-hectare depot for farm produce and several new service facilities, including a package logistic service, and commodity supplies for islands and industrial parks,” he said.

One year before, Tan Cang- Long Binh ICD developed at a cost of US$60 million came into operation. The ICD is comprised of a 20-hectare container yard, 15 bonded warehouses of 18,000 square meters each, and local warehouses covering 50 hectares, all with a designed throughput of 500,000 TEUs per year for the first phase.

New Port Saigon Corporation is the country’s biggest container handler, making up more than 80% of the southern area’s market and 48% of the national market, according to Hoang.

The company is operating the deep-water port of Tan Cang- Cai Mep on the Thi Vai River in Ba Ria- Vung Tau Province, which is the first sea port in Vietnam directly linking with other ports in U.S. and EU. Meanwhile, Tan Cang-Cat Lai Seaport in HCMC’s District 2, also under the corporation, is considered the most modern container terminal in Vietnam now.

The company also operates other ICDs such as Song Than in Binh Duong Province.

Another leader of the company said the international container port of Cai Mep will start the second phase in December with 600 meter-long piers and a 40-hectare container yard. The company will also inaugurate the port of Tan Cang- Quy Nhon in Binh Dinh Province in September.