Japanese led consortium wins Vietnamese project

Posted on August 14, 2012

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Dung Quat Port 1 is located in Dung Quat Economic Zone, central Quang Ngai Province and is 120 km off Da Nang City to the south.

The Vietnam News Agency reports that a consortium comprising Japan’s Nikken Sekkei Civil Engineering Ltd and Port and Waterway Engineering Consultant Company will provide consulting and draw up a detailed plan for central Quang Ngai Province’s Dung Quat II Port, under a contract signed on Wednesday with the Dung Quat Economic Zone Authority.

The contract, worth VND21.3 billion (over US$1 million), will be implemented in 10 months. It is hoped that the contract will help the Dung Quat EZ Authority (DEZA) build a long-term relationship with its Japanese counterparts.

While vowing to supply sufficient capital and co-operate with the contractors to complete the project as scheduled, DEZA also called for the contractor to comply with the general seaport plan approved by the Government.

“The planning of Dung Quat II Port is vital to the development of Dung Quat II heavy industry complex, which is key to the expansion of the Dung Quat EZ,” said Pham Nhu Ro, deputy chairman of the provincial People’s Committee and head of the Dung Quat Economic Zone Authority.

The port will be developed in Dung Quat II Bay, which connects to around 5,000 hecatres used for developing heavy industries and 2,000ha for support industries. It is also expected to handle ships of 250,000-300,000 dwt which are used to carry crude oil, iron ore and coal. That will create a foundation for the development of the Dung Quat II heavy industry complex.

The Dung Quat EZ plans to attract US$13 billion in investment capital by 2015, of which US$8 billion would be disbursed, pursuant to the zone master plan for 2012-15 approved by the Provincial People’s Committee.

In addition, the province aims to handle 25 million tonnes of cargo through its port and generate approximately 20,000 jobs for local people, contributing VND16 trillion ($761 million) to the state budget.

Dredging News Online

Foreign consortium hired for Dung Quat II port plan

Dung Quat Economic Zone Authority (DEZA) has signed a contract with a consortium comprising of Japan’s Nikken Sekkei Civil Engineering Ltd and Port and Waterway Engineering Consultants Company to perform consultancy and produce a detailed plan to the scale of 1/2000 for Dung Quat II Port in the central province of Quang Ngai.
According to DEZA, the project will be developed in Dung Quat II Bay, around three kilometers from the coast with a depth of 24 meters. The bay links to around 5,000 hectares used for developing heavy industries and 2,000 hectares for the supporting industries.

The port is expected to handle ships of 250,000-300,000 dwt, which are the most popular types for carrying crude oil, iron ore and coal. The port will facilitate development of Dung Quat II heavy industry zone in Dung Quat Economic Zone (EZ).

Currently, Dung Quat I Port is able to serve 50,000 dwt ships and most of the space has been handed over to project investors at the economic zone.

The planning of Dung Quat II Port is vital to the development of Dung Quat II heavy industry zone, which is key to the expansion of the Dung Quat EZ.

DEZA hopes to build up long-term cooperation with the contractor consortium to build a bridge between it and the Japanese partners. DEZA also pledged to supply capital and cooperate with the contractors to complete the project as scheduled.

Besides, DEZA suggested the contractor follow the general seaport plan approved by the government. The consortium has been told to ensure feasibility of the planning and consider a realistic situation in the province.

The government earlier approved the expansion plan of Dung Quat EZ to 45,000 hectares.

Le Van Dung, deputy director of Dung Quat EZ managing board, said the seaport system has been a main factor in attracting heavy industry projects into the zone. Expansion of the EZ will only be possible with the completion of Dung Quat II Port, which will be double the current Dung Quat I Port in scale.

Local and international experts agreed that Dung Quat II Bay is suitable to lure investment for large projects such as oil refinery, heavy equipment factory, plastic plant, steel rolling mill and shipyard.

With a scale of around 5,000 hectares, the Dung Quat II zone is expected to attract around $20-25 billion in investment capital by 2025.

Vinacomin

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