At the event (Source: ictnews.vn)
Hanoi (VNA) - Deputy Prime Minister Truong Hoa Binh on May 15 launched work on the construction of Hanoi’s inland clearance depot – the largest one in the capital.

The construction of the 47.2ha depot will be divided into two stages, with the first one covering 19.2ha and the second on 28ha.

The first stage, costing nearly 782 billion VND (35.5 million USD), is scheduled for completion in the fourth quarter of 2019. Once completed, it is capable of handling 380,000 TEUS.

The second stage, worth 1.78 trillion VND (81 million USD), is designed to handle 760,000 TEUs annually once it is completed in the fourth quarter of 2020.

The project is invested by Hanel One-member Co Ltd and Lang Ha Tower Co Ltd.

The depot will provide hi-tech logistics, support, storage and distributions services for economic and industrial zones in the east of Hanoi and adjacent provinces, said General Director of Hanel Nguyen Quoc Binh.-VNA