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DANANG APPROVES MAJOR LOGISTICS INFRASTRUCTURE DEVELOPMENT PLAN

Tuesday, 15 January 2019 09:34

With the total investment capital of VND13.695 trillion ($595.4 million), Danang aims to become a key logistics centre in the central region, and an important traffic hub of the whole country.

 

The Danang People's Committee has just approved the city’s logistics infrastructure development planning to 2030 with a vision towards 2045.

 

The plan will bring into play local resources and advantages, striving to build Danang city into a key logistics service centre of the pivotal central economic region and an important traffic hub of the whole country.

 

Danang aims to become the main sea entrance of the East-West Economic Corridor.

The city is also the main sea entrance of the East-West Economic Corridor.

 

Accordingly, Danang city’s logistics centres are set to meet about 25 per cent of cargo traffic through seaports by 2020, increasing to 30 per cent by 2025, 35 per cent by 2030, and reaching 55 per cent by 2045.

 

The processed cargo traffic rate through airports is expected to be 10, 15, 20, and 40 per cent, respectively. The rate of processed freight traffic through railways is expected to be 20 per cent by 2030, increasing to 40 per cent by 2045.

 

Besides, total demand for investment capital in the development of logistics services in Danang will be about VND13.695 trillion ($595 million), raised by the municipal People's Committee.

 

The investment capital for road traffic improvement will come from the local budget and be managed by the Danang People's Committee.

 

The investment capital for building Lien Chieu Port and new Kim Lien Cargo Terminal will come from the central budget. Total demand for land to implement the city’s logistics infrastructure development plan to 2030, with vision towards 2045 is estimated at about 312 hectares.