Tri Phương River Port Project launched

Created 20 April 2018
  • PDF
Editor Choice
Share
(0 votes, average 0 out of 5)

The Tri Phương River Port Project was launched on Wednesday in Tiên Du District, Bắc Ninh Province, with Bắc Kì Investment Joint Stock Company as its main investor.

 

Tri Phương Port prioritises the import and export of goods from five northern provinces. — VNA/VNS Photo Việt Hùng

BẮC NINH — The Tri Phương River Port Project was launched on Wednesday in Tiên Du District, Bắc Ninh Province, with Bắc Kì Investment Joint Stock Company as its main investor.

The project is expected to handle the imports and exports of five northern provinces including Bắc Ninh, Bắc Giang, Thái Nguyên, Vĩnh Phúc and Hà Nội, using waterway containers, reducing delivery time and easing the pressure on road traffic.

The port located on the 2.5ha area has the capacity to handle barges of 900TEUs and four 120TEUs. The total capacity is 200,000TEUs per year. Moreover, there will be 100 tractors taking charge of transferring goods to and from the port. A custom authority will also be established to directly process documents related to goods being imported and exported.

Tri Phương River Port helps connect the coastal city of Hải Phòng with five northern provinces that host the factories of major manufacturers including Samsung, Foxconn, Toyota, Canon and Honda.

In 2016, the volume of imports and exports from these five localities accounted for some 50 per cent of the total goods volume transiting through Hải Phòng City Port.

Moreover, Tri Phương Port is an extended project of ICD Tiên Sơn Logistics Centre in Tiên Sơn Industrial Zone, Bắc Ninh Province, aiming to offer comprehensive service packages, including multimodal transportation, warehousing and customs declaration services.

The charges offered are competitive, 20 to 25 per cent lower than the fees of road transportation.

This allows customers to receive goods during the day by storing containers at Tri Phương Port instead of having to order goods at least one day in advance because of containers being stored at Hải Phong Port.

It also helps shorten the delivery time of exports because the distance from the factories to Tri Phương Port is less than the distance to Hải Phòng City. The port contributes to reductions in traffic congestion and pressure on National Highways Nos. 5 and 18 as well as reducing the number of roads connecting northern provinces and Hải Phòng.

Nguyễn Trần Hiếu, director of Bắc Kì company, told the Vietnam News Agency that the initial investment in the project amounted to VNĐ170 billion. On the day of the launch, three customers registered to use the port when it is completed.

“These companies signed the memorandums of understanding on exploiting the port with Bắc Kì company when the port goes into operation at the end of July,” Hiếu said. — VNS

 

Source: VNN

Maybe You Also Interesting :

» In Vietnam, love for snacks is going strong

Vietnamese people spent $354 million on snacks last year and the figure is expected to grow 7 percent this year.

» Major fire in apartment building put out in Hà Nội

A major fire at a high-rise apartment building Hà Đông District of Hà Nội taking place today’s afternoon was put out after 30 minutes. 

» Shares down in week’s last session

Shares concluded the week on a negative note as investors remained cautious on the market outlook amid low volatility and constant net selling by foreign...

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet