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Da Nang to become logistics centre highly attractive to investors by 2030

By DA NANG Today / DA NANG Today
May 16, 2023, 12:03 [GMT+7]

The Da Nang administration has already approved a project for developing local logistics services to effectively connect with the central key economic zone and the East-West Economic Corridor in the 2021 - 2030 period, with a vision towards 2050.

By 2030, Da Nang will have developed into a highly attractive logistics centre that strongly attracts investors. Photo: THANH LAN
By 2030, Da Nang will have developed into a highly attractive logistics centre that strongly attracts investors. Photo: THANH LAN

The overall goal of the project is that by 2030, Da Nang will develop into a highly attractive logistics centre for investors, in order to perfect the logistics infrastructure and ensure human resources and specialized skills, ensure the good operation of a dynamic logistics system, serving as the centre of the central key economic zone.

In particular, Da Nang seaports and international airport act as the gateway for delivery and transportation with localities, ASEAN countries and the world as a whole.

By 2050, Da Nang will have built a modern logistics system, with a clear structure, complete infrastructure, meeting the quality requirements of international logistics services; affirming the role of Da Nang’s international gateway port in the central region, becoming the main gateway of the East-West Economic Corridor the sea and an important link of the Asia-Pacific transport corridor.

Da Nang will form a synchronous, interconnected infrastructure system, conveniently connecting with the neuronal highway system through the building of ring roads, the city's main traffic axis to the Tien Sa and Lien Chieu seaports and the international airport.

Also under the project, the city will synchronously develop transport support services, multimodal transport, especially improve the quality of logistics services with reasonable costs, safety, reduce environmental pollution and save energy saving, and increase competitiveness to actively integrate and expand the marine transport market in the region and the world at large.

Sight will also be set on improving the quality of existing services to enhance the provision of specialised services, prioritise investment sources under the form of public - private partnership (PPP) for logistics infrastructure development according to the planning at the Lien Chieu mega-port and other logistics centres.

In the 2023 - 2030 period, the contribution of the logistics service industry to the GRDP will reach 11 - 12% whilst the outsourcing rate will reach 40 - 45% and logistics costs will be reduced to the same proportion equivalent to 13% of GRDP. Logistics centres in Da Nang meet about 55% of the total logistics service needs for goods through seaports, 20% of the goods via rail and air.

In the 2030 - 2050 period, the proportion of logistics services industry in the GRDP contributions will reach 15 - 15.5%, outsourcing rate reaching 60 - 65% and logistics costs down to 11.2% of GRDP. Logistics centres in Da Nang meet about 55% of the total logistics service needs for goods through seaports, 40% of the goods via rail and air.

The scheme clearly states the funding sources for implementation are from the State budget, enterprise capital, international funding and other lawfully-mobilised capital sources.

At the end of 2022, work started on the construction of the shared infrastructure at the Lien Chieu mega-port. It is known that the Lien Chieu port project is one of the Da Nang key projects with 19 bidding packages with a total investment of VND3,426 billion.

As expected by 2050, the Lien Chieu Port will have a handling capacity of 50 million tonnes per year. This is one of three deep-water seaports of Viet Nam, planned as a special port with the scale of receiving cargo ships of up to 100,000 deadweight tonnage (DWT), and container ships with loading capacities from 6,000 to 8,000 twenty-foot equivalent unit (TEUs).

Reporting by THANH LAN - Translating by A.THU

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