Construction Begins on Quảng Trị’s US$580m Deep-water Port After 4-Year Delay

• Sommana Yan
• 15 April 2024
• International News
• 4486 Views

Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews on 26 March 2024.

Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng Trị province. It not only serves the local industrial parks but also facilitates cargo flow along the East-West Economic Corridor (EWEC), connecting Việt Nam, Laos, Cambodia, Thailand, and Myanmar.

The port, covering 685 hectares and comprising 10 piers, will be constructed in three phases until 2036. The first four wharves are set to be operational by 2025, capable of accommodating vessels with up to 100,000-tonne capacity.

The project’s investor, Mỹ Thủy International Port Joint Venture Company, has pledged to kick off construction without delay, ensuring the timely completion of the first wharves by the end of 2025.

Võ Văn Hưng, Chairman of Quảng Trị Provincial People’s Committee, underscored the significance of prompt action by the investor and reiterated the province’s full cooperation throughout the project’s implementation.

Initially launched on 27 February 2020, the construction faced setbacks due to challenges in capital contribution by foreign partners and land clearance issues.

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