Vietnam seeks US$4.3bn foreign investment in ports projects

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The Government of Vietnam is encouraging foreign investors to support its ports infrastructure project through the public-private partnership (PPP) scheme. It is estimated that an investment of up to VND100 trillion (US$4.3 billion) is needed to increase the capacities of the country's ports. 

The cargo transports through the ports are expected to rise from 442 million tonnes in 2017 to 640-680 million tonnes in 2020 and 1.04-1.16 billion tonnes in 2030. The Vietnam Marine Strategy until 2020 seeks to modernize and improve the country's sea transport. It aims to integrate an affordable, safe and pollution-free, sea transport of trades. 

Currently, the country accommodates 550 million tonnes of cargo a year through its 31 ports. Major ports include Hai Phong, Lach Huyen, Da Nang, Cai Mep-Thi Vai, and Cat Lai. 

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