Hoang Quan News

Dredging Contract to Speed DP World Vietnam Terminal Project

DP World welcomes the start of dredging Soai Rap River in Vietnam bringing customers faster access to its Saigon Premier Container Terminal. The Ho Chi Minh City (HCMC) Government Department of Transport is undertaking the USD 134 million project, and yesterday held a special ground breaking ceremony, attended by HCMC Chairman Mr Le Hoang Quan amongst other senior government authorities, and senior DP World, Than Thuan Industrial Promotion Company (IPC) and shipping lines representatives. The ten month project, which will see the dredging of a 54 kilometre long section of the river, will make the navigation channel available for commercial operation in Q4 2013. The channel will be deepened to a 9.5 metre draft to handle 50,000 to 70,000 gross tonnage ships.