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3.6 trillion VND to be invested in Tay Ninh port cluster

The People’s Committee of the southern province of Tay Ninh has approved the investment policy for a port cluster project costing over 3.6 trillion VND (156.07 million USD) in Trang Bang district’s Hung Thuan commune.
3.6 trillion VND to be invested in Tay Ninh port cluster ảnh 1Illustrative image (Source: VNA)
Tay Ninh (VNA) - The People’s Committee ofthe southern province of Tay Ninh has approved the investment policy for a portcluster project costing over 3.6 trillion VND (156.07 million USD) in TrangBang district’s Hung Thuan commune.

The 259.22-ha project comprises a logistics centre, an inland container depot and Tay Ninh general port. It will form a synchronousinfrastructure and transport network, cut time for goods shipments and logisticscosts, and contribute to socio-economic development in the region.

A joint venture between the Tay Ninh Logistics Joint StockCompany (TANIL), the International Investment Trade and Service Company (ILS),and ASGL Global Logistics will be in charge of construction.

The project has a lifespan of 50 years, with its firstphase to be put into operation in the first quarter of 2023. It is expected togenerate about 1,500 jobs by 2035./.


VNA
#Tay Ninh #port cluster project #Trang Bang #logistics centre #ASGL Global Logistics #Vietnam #Vietnam news #Vietnam News Agency Tay Ninh
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