More than $100 mil invested in Cai Lan port

The Cai Lan International Container Terminal (CICT) company has signed a contract package to build more wharves at the port in Ha Long City, Quang Ninh province.

The port will be able to receive fully loaded ships weighing up to 40,000 tonnes by the end of 2011, and will have a capacity of one million TEUs (twenty-foot equivalent units).

The project investment of over US$100 million will come from sources other than the State budget.

Tags:

Posted by VBN on Nov 22 2010. Filed under Transportation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Copper up, but demand jitters cap gains
  • Gold prices fall 1 percent, silver was down 0.5 percent at $41.40 an ounce
  • Gold price in Hong Kong opens at 17,440 HK dollars per tael on Wednesday
  • Gold sheds 3 pc in choppiest day in two weeks
  • Appliance retailers eye shopping fest to boost sales
  • Stock break four-day losing streak
  • Swedish auto maker Saab files for bankruptcy protection
  • Chinese tourists to Sri Lanka almost double

Sponsored

Looking for an overseas forex broker?