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A advertising research carried out by the consulting agency Royal HaskoningDHV and different entities confirmed that the quantity of dry bulk cargo dealt with by the Vung Ang port reached 2.9 million tonnes in 2014.
It’s estimated that this quantity will rise to twenty.2 million tonnes by 2030, based on the Lao investor.
To seize the potential development, the Lao investor in cooperation with the governments of Laos and Vietnam plans to take a position as much as US$300 million to improve amenities, equipment and gear in berths 1 and a pair of and building of the deliberate berth 3 on the port.
The port is at present in operation and handles containers and cargo consisting of woodchips, potassium, gypsum, iron ore and coal.
Positioned 145 km from the Napao-Chalo border crossing between Laos’s Khammuan province and Vietnam, the port is effectively positioned to function a gateway between central Vietnam, central Laos and northeastern Thailand.
Given {that a} railway (part of the LLL) linking Vientiane by means of Khammuan to the port is deliberate, the transport of cargo by means of the Vung Ang Port together with from Thailand’s Issan area to bigger Asian markets similar to China, Republic of Korea, Japan and Hong Kong is a cheap possibility.
In the meantime, incoming cargo destined for Southeast Asian markets may also take pleasure in extra environment friendly dealing with, based on the Lao investor.
The LLL venture additionally contains logistics parks in Khammuan and Vientiane to determine a regional logistics hyperlink system that may also allow freight shipped by Southeast Asian nations to achieve European markets by way of the Laos-China Railway interconnected rail system.
By Souksakhone Vaenkeo
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