Soc Trang province needs $2.35 bln to develop seaports

The Mekong Delta’s Soc Trang province requires an investment capital estimated at over VND61.5 trillion ($2.35 billion) to develop its seaport system by 2030.

This is part of the province's draft plan on seaport development in the 2021-2030 period, with a vision towards 2050, which has been submitted to the Ministry of Construction. 

Of the total investment capital, around VND19.6 trillion (more than $775.5 million) will be allocated for public maritime infrastructure and the remainder for commercial port operations.

By 2030, the province’s seaport system will consist of some 6 ports with around 16-18 wharves in total length of 2.7 - 3.5 km . They are expected to handle between 30.7-41.2 million tons of cargo and 522,100-566,300 passengers per year.