HÀ NỘI — The People’s Committee of the southern province of Bình Phước held a groundbreaking ceremony on Thursday for the ICD Hoa Lư international inland container depot in Lộc Hòa Commune, Lộc Ninh District.
The project is funded by ICD Hoa Lư Co Ltd with a total investment of VNĐ379 billion (US$16.3 million) and will be built in two phases.
In the first phase, the port is designed to handle 200,000-500,000 containers per year. The second phase will increase the capacity to 600,000-900,000 containers per year by 2030.
Using modern technologies, the port is expected to meet demand for customs clearance as well as logistics and warehouse services.
It will create jobs for local workers, thus contributing to local economic development and budget collection.
Upon completion, the port will facilitate trade between Việt Nam and Cambodia, Laos and Thailand. — VNS