mai hien

Vietnam to spend US$970 million by 2030 to develop inland box depots

Wednesday, 17 January 2018 01:29

VIETNAM needs VND9 trillion to VND15 trillion (US$397-US$661.5 million) to develop inland container depots (ICD) over the next three years and a total of VND20 trillion to 22 trillion to build ICDs across the country over the coming decade.

This is part of the government's newly approved master plan for Vietnam's inland container depot development to 2020 with a vision to 2030, reports VietNamNet Bridge.

The new initiative aims to help inland container depot systems meet increasing demand for export-import transport, boost sea port capacity for goods clearance, ensure the safety of goods and ease traffic congestion in urban areas.

The inland container depots will be developed into hubs for organising goods transport and providing logistics services. By 2020 inland container depots are expected to handle 15-20 per cent of the volume of containerized goods, with a total capacity of four million to 6.84 million TEU per year.

The figures are forecast to rise to 25-30 per cent and 12 million to 17.6 million TEU per year, respectively by 2030.

Six ICDs in the north are planned in the coastal economic zone of Hanoi - Lao Cai economic corridor, Hanoi - Lang Son economic corridor, the economic zones in the northwest and southeast of Hanoi, and the Hanoi-Thai Nguyen/Cao Bang economic corridor.

Six ICDs in the central and central highlands are planned for the highway nine economic corridor, highway 19 economic corridor, Da Nang Thua Thien Hue - highway 14 economic area, the central highland region, Nghi Son economic zone, highway eight economic corridor, and highway 12A economic corridor.

Three ICDs in the south will be built in the economic zones in the northeast and southwest of Ho Chi Minh city and the Mekong Delta Region.

Over the next three years the work will focus on developing inland container deports along transport corridors connecting to large seaports such as Hai Phong port in the north and Cai Mep-Thi Vai port in the south.

Investment priority will be given to ports close to industrial clusters and parks, export processing zones, logistics centres and international border gates.

Figures from the Ministry of Transport show that Vietnam currently has 20 ICDs.