Vietnam Approves Ambitious Seaport Plan

Vietnam’s prime minister has approved a plan to invest more than $19 billion over the next decade for the country’s  seaport system to improve foreign trade.  The plan encourages local and international investment and all economic sectors to invest in the system in the form of private-public partnerships.

The vision is to divide Vietnam’s 39 seaports into six regions  and develop infrastructure connecting and protecting them –including dykes and roads.  The system is projected to transport up to 600 million tons in 2015, one billion tons  in 2020, and more than two billion tons in 2030.

More on Vietnam’s seaport plan

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