3.6 trillion VND to be invested in Tay Ninh port cluster
The People’s Committee of the southern province of Tay Ninh has approved the investment policy for a port cluster project costing over 3.6 trillion VND (156.07 million USD) in Trang Bang district’s Hung Thuan commune.
Tay Ninh (VNA) - The People’s Committee ofthe southern province of Tay Ninh has approved the investment policy for a portcluster project costing over 3.6 trillion VND (156.07 million USD) in TrangBang district’s Hung Thuan commune.
The 259.22-ha project comprises a logistics centre, an inland container depot and Tay Ninh general port. It will form a synchronousinfrastructure and transport network, cut time for goods shipments and logisticscosts, and contribute to socio-economic development in the region.
A joint venture between the Tay Ninh Logistics Joint StockCompany (TANIL), the International Investment Trade and Service Company (ILS),and ASGL Global Logistics will be in charge of construction.
The project has a lifespan of 50 years, with its firstphase to be put into operation in the first quarter of 2023. It is expected togenerate about 1,500 jobs by 2035./.
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Illustrative image (Source: VNA) 
