(Engineering Daily) Nguyen Anh Duong = Vietnam's Haiphong Lach Huyen port begins to expand the dock.
According to local sources on Wednesday, Prime Minister Nguyen Xuan Phuc's approval for investment has been decided on the expansion of the port of Lach Huyen.
The project calls for the construction of two docks capable of accessing a 750m class 100,000 DWT vessel at the port of Lach Huyen.
The investment will be invested about $300 million through Hai Phong Port Joint Stock Company (HPPJSC).
The project will start in 2020 and complete the project by 2022 for Terminal 3 and 2025, respectively, for Terminal 4.
The Vietnamese government believes the project will pave the way for the expansion of infrastructure in neighboring states, while also laying the foundation for the expansion of exports and imports.