Hanoi (ANTARA News/Asia Pulse) - Ho Chi Minh City on January 30 officially opened a container port, the Saigon Premier Container Terminal (SPCT), after three years of construction. Covering an area of 23 hectares in the Hiep Phuoc industrial zone of Nha Be district, the specialised container terminal has a handling capacity of 1.5 million TEUs a year.

The terminal has two wharves capable of handling large container ships and a spacious container yard which has enough space for up to 15,000 containers of 20 feet. It is expected to facilitate exports and imports of seafood and agricultural products of Mekong delta provinces.

SPCT, a joint venture between United Arab Emirates DP World and the state-owned Tan Thuan Industrial Promotion Company (IPC), received a total investment of US$360 million.


Source:
Business in Asia Today - Feb. 1, 2010
published by Asia Pulse

Editor: Ricka
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