Quang Nam Calling for Public Private Partnership (PPP) Investment

Mar 2021

The Quang Nam province has developed a Private-Public-Partnership (PPP) model for attracting private sector investment in two key projects: the Chu Lai port and the Shu Lai airport.

The Chu Lai port is part of the Chu Lai Open Economic Zone, which registers 158 investors and a total investment of USD 4.5 billion. It is currently the second biggest port after Ky Ha Port in central Quang Nam province. The port has three operating zones to meet the needs of different customers namely containers, general cargos, and liquid cargos. From 2030, the province’s seaport system, which includes the Chu Lai and K Hà ports, is expected to host 50,000-DWT (deadweight tonnage) ships carrying a total of 12.7 million tons of cargo each year. The provincial seaport system will host cruise ships promoting tourism at the UNESCO-listed world heritage sites of Hoi An, the My Son Sanctuary, and the biosphere reserve in the Cham Islands.

According to the province’s plans, the Chu Lai Airport will be extended to 3,000 hectares and will act as a major logistics hub for South East and South Asia, with a 3,000-kilometer flying zone. The Chu Lai Airport is projected to handle 5 million passengers and 4.1 million tonnes of cargo by 2030. Under the airport’s complete development plan the new facilities will enable large aircraft such as the Airbus A350 and Boeing 787 to fly from Ho Chi Minh City and Hà Ni to the Chu Lai Open Economic Zone and the Dung Quat Economic Zone, boosting air travel from both cities.

(Source: Hellenicshippingnews; Vietnamconstruction)

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