Binh Dinh Port development plan seeks $290 mln by 2030

A draft detailed plan for development of south central Binh Dinh province's seaport's land and water areas for the period 2021-2030, with a vision to 2050, recently submitted by the Maritime and Waterway Administration to the Ministry of Construction, identifies a total investment capital by 2030 of approximately VND7.59 trillion ($292.5 million).

This includes VND1.25 trillion for public maritime infrastructure investment and VND6.34 trillion for investment in commercial wharves offering cargo handling services.

According to the draft plan, the Binh Dinh seaport system comprises the Qui Nhon - Thi Nai - Dong Da wharf area; the Nhon Hoi wharf area; Phu My port; along with anchorage, transshipment, and storm shelter areas.

A report from the Vietnam Maritime and Waterway Administration stated that in 2024, the total cargo throughput at Binh Dinh seaport reached approximately 11,930,000 tons. The average cargo growth rate for the period 2020 - 2024 reached 6% per year.

The Administration also added that recently, measures to enhance the operational efficiency of the regional port infrastructure have proven effective, enabling Binh Dinh port to increase its capacity to receive large-tonnage vessels and attract more cargo for handling.