Kien Giang chooses investor for international passenger port
The Mekong Delta province of Kien Giang has announced its investor for
the development of the build-operate-transfer (BOT) portion of the Phu
Quoc international passenger port.
The Mekong Delta province of Kien Giang has announced its investor for
the development of the build-operate-transfer (BOT) portion of the Phu
Quoc international passenger port.
The Phu Quoc Investment and Development Joint Stock Company was chosen to develop the project component, which is expected to cost 493 billion VND (22.8 million USD).
According to the provincial People’s Committee, negotiations on the project’s specific terms and contents will begin this month.
According to the project approved by the province, the port will have a total investment of 1.64 trillion VND (76 million USD) with the remaining 1.15 trillion VND, or 70 percent, sourced from the State and local budget.
The port will be built at Duong Dong, the main town on Vietnam’s largest and southernmost island, and cover 180 hectares, 176.5 hectares of which are sea surface.
It is scheduled to be completed in 2017 and will be able to accommodate cruise ships with up to 225,000 gross tonnage.-VNA
The Phu Quoc Investment and Development Joint Stock Company was chosen to develop the project component, which is expected to cost 493 billion VND (22.8 million USD).
According to the provincial People’s Committee, negotiations on the project’s specific terms and contents will begin this month.
According to the project approved by the province, the port will have a total investment of 1.64 trillion VND (76 million USD) with the remaining 1.15 trillion VND, or 70 percent, sourced from the State and local budget.
The port will be built at Duong Dong, the main town on Vietnam’s largest and southernmost island, and cover 180 hectares, 176.5 hectares of which are sea surface.
It is scheduled to be completed in 2017 and will be able to accommodate cruise ships with up to 225,000 gross tonnage.-VNA
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
