Work begins on new Vietnamese seaport

1/17/2009 10:10:08 AM

Piling work started January 12, 2009 for the 33.7 hectare Sai Gon International Terminals Vietnam Project in Phu My 1 Industrial Park, by the China Harbour Engineering Company (CHEC), Thai News Service reported.   CHEC is the general contractor of the port's three construction packages totally valued at more than US$163 million.   The container and general cargo port project is expected to begin operation in 2011 when it will house three 730-metre wharves capable of handling ships of up to 60,000 tonnes.   The Sai Gon International Terminals Vietnam (SITV) is a joint project between Hutchison Ports Mekong Investment SARL, an affiliate of the Hong Kong-based Hutchison Port Holdings group and Sai Gon Investment, Construction and Trade Company.   The SITV is in accordance with the Government's planning of the seaport group in the area of Ho Chi Minh City and Dong Nai and Ba Ria-Vung Tau provinces toward 2020.   CargoNewsAsia

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