Vinalines and Belgian Rent-A-Port N.V signed a MoU on August 30 on the possibility to cooperate in grain specialised port, processing zone and logistics system projects. (Photo: VNA)
Hanoi (VNA) – The Vietnam National Shipping Lines (Vinalines) and
Belgian Rent-A-Port N.V signed a Memorandum of Understanding (MoU) on August 30
on the possibility to cooperate in grain specialised port, processing zone and
logistics system projects in Lach Huyen port and Dinh Vu industrial zone, in Hai
Phong city.
Rent-A-Port is an engineering and
investment company, specialised in the development of marine infrastructures
and industrial zones worldwide. It offers services ranging from consultancy and
full project management to co-investment in marine related projects and
industrial zones.
Under the MoU, the two companies will seek collaboration opportunities in a
joint venture company to develop grain handling port in Hai Phong International
Gateway Port. They are also keen on another joint venture firm to construct a
250 hectare logistic centre opposite the grain port, facilitating grain
loading, storage, processing and distributing.
Along with joining the construction of a 630-metre port in Dinh Vu industrial
park, which is currently invested by Vinalines Dinh Vu JSC, the Belgian
enterprise can buy 10 percent of Vinalines’s charter capital when the company becomes
privatised in April, 2018.
Thus, Rent-A-Port N.V will attach its long-term benefits to Vinalines as well
as support the Vietnamese company in advanced technology transfer, human
resources training, financial capacity improvement, business management,
service supply and market development.
With adorable port infrastructure and logistic system coupled
with considerable management experience and financial capacity, collaboration
between the two enterprises is expected to enhance competitiveness and maintain
crucial roles of both sides in marine port and logistic sectors in Vietnam.
Vinalines is a leading marine business in Vietnam, especially in port and
marine services in Hai Phong city. The firm will make an initial public
offering (IPO) in December this year. Under the IPO plan, the State will hold
65 percent of the company’s registered capital of 12.3 trillion VND (541.2
million USD) while it will sell 35 percent to domestic and foreign businesses.
Vinalines is also allowed to hold 65 percent of registered capital at key
ports, including Hai Phong, Sai Gon and Da Nang.
Vinalines currently
manages a fleet of off-shore vessels with total capacity of nearly two million
tonnes, occupying some 25 percent of the national fleet’s capacity. It has
contributed capital to 14 sea port businesses, which have a total length of
more than 13,000 metres, 30 percent of the total length of ports nationwide.
They include a number of deep-water harbours that can receive 190,000 tonne
vessels.-VNA