Wednesday, January 12, 2011

UK port operators seek opportunities

HA NOI — Situated at the crossroads of maritime trade lanes with a coastline stretching 3,260 kilometres, Viet Nam has undeniably favourable conditions for developing its maritime industry.

British Ambassador Mark Kent emphasised this opportunity during the UK – Viet Nam Partnership in Ports seminar held yesterday in Ha Noi. The event was part of a three-day trip made by representatives from 10 UK's leading companies in port operation and development.

"British companies such as those involved in this mission are keen to forge partnerships that will help to identify and implement solutions aimed at improving the operating capacity of Vietnamese ports in the process of national industrialisation and modernisation," the ambassador said. Marine transport has played an important role in the country's economic growth and in its efforts to become an industrialised country by 2010, said Deputy Minister of Transport Do Hong Truong.

The Government has crafted policies to encourage domestic and foreign individuals and organisations to invest in Viet Nam's seaport infrastructure, he said.

During the event, the UK seaport operators shared experiences in port operation as well as exchanged knowledge and potential co-operation opportunities with around 60 Vietnamese and foreign companies operating in the port field.

Prime Minister Nguyen Tan Dung has approved the Viet Nam Seaport Development Master Plan, which calls for a total investment of between VND360 trillion (US$18.5 billion) and VND440 trillion ($22.5 billion) by 2020. Under the plan, the estimated volume of goods transported annually via the seaport system will be 500-600 million tonnes by 2015, 900-1,000 million tonnes by 2020 and 2,100 million tonnes by 2030.

To achieve that number, the plan will focus on developing several international-standard deep-water ports that can receive large ships, especially the international Van Phong transit port in central Khanh Hoa Province designed to receive container ships ranging between 9,000 and 15,000 TEU (twenty-foot equivalent unit). — VNS

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