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Publication permit No: 60/GP-TTĐT , April 05, 2010.
ITC opens int’l container terminal
Date: 9/21/2016 2:57:44 PM
International Transportation and Trading Joint Stock Company (ITC) on September 18 inaugurated SP-ITC International Container Terminal worth more than US$200 million in HCMC’s District 9.
The terminal has a 1,000-meter-long pier that can handle two million twenty-foot-equivalent units (TEU) and receive container vessels of 35,000 DWT in the first phase. The 48-hectare terminal houses customs, tax and banking service departments, offering one-stop-shop services for enterprises to quickly complete export-import procedures.
The second phase of SP-ITC is underway to increase the capacity of the terminal and enable it to handle more goods from neighboring Binh Duong and Dong Nai provinces.
The first large-scale terminal invested by a private firm in HCMC is expected to raise the competitiveness of ports in HCMC and reduce costs of goods transported by waterway, HCMC chairman Nguyen Thanh Phong told the inauguration ceremony.
With its main pier located along the Dong Nai River, SP-ITC can facilitate waterway transportation of goods, helping ease traffic congestion on roads and overload at Cat Lai Port in District 2.
Established in 2001, ITC now operate nine big vessels and 150 trucks, offering road and sea goods transport services for domestic enterprises, especially exporters and importers.
(Source:english.thesaigontimes.vn)
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- Up to now (2023), how much money have Asian tigers invested in Vietnam?
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- Billions of dollars poured into Vietnamese semiconductor projects
